IRSA Reports Fiscal Year 2026 Results: Net Income Rises to ARS 420,977 Million
IRSA Inversiones y Representaciones S.A. (NYSE: IRS; BYMA: IRSA), Argentina's leading real estate company, reported strong financial results for the fiscal year ended June 30, 2026. Net income reached ARS 420,977 million compared to ARS 261,911 million in 2025, with Adjusted EBITDA from rental segments increasing by 1.4% YoY due to improved performance across the Offices and Hotels sectors. The company expanded its Shopping Mall portfolio through acquisitions of Al Oeste and Los Gallegos, now totaling 18 assets covering over 410,000 sqm GLA. It also advanced major developments such as Distrito Diagonal in La Plata and Ramblas del Plata, a large mixed-use project with ongoing infrastructure work and land swaps. Financially, IRSA issued USD 230 million in notes during the year, distributed cash dividends yielding approximately 10%, and completed its warrant program from 2021. The company's market capitalization as of June 30 was around USD 1.3 billion.
Tickers: $IRS
Topics: financial_results real_estate