Gurugram-based real estate developer Tulip Infratech reported a turnover of around ₹450 crore in FY25, with profits in the range of ₹80–90 crore, translating into healthy margins of 15–20%, according to Parveen Jain, chairman and managing director of the company.

The company expects revenues in the current fiscal to remain broadly stable, with a possible variation of plus or minus 10%, while maintaining margins in the 10–20% range, supported by controlled leverage, disciplined pricing and steady construction progress across ongoing projects, according to ET Realty.

The company said that it follows a conservative operating model, limiting simultaneous execution to a maximum of four projects at any given time. The developer completed one residential project in 2025, with a project launched in 2020 delivered partly in 2024 and fully in the last fiscal.

Post-covid, the company launched a project on Golf Course Road in 2022 and ubsequently added two new residential developments, one each in 2024 and 2025, after inventory from earlier launches was absorbed.