Rockwell Land Corporation registered P6,455 million in consolidated revenues, higher by 45% from last year’s P4,448 million, for the three months ended March 31, 2026.
Residential development accounted for 75% of the total revenues in 2026, lower than last year’s 77%. Total EBITDA reached P2,722 million, higher than last year’s P1,916 million, driven by higher EBITDA from residential development.
Overall EBITDA margin registered at 42% of total revenues, a bit lower than last year’s 43%. The total revenues used as basis for the EBITDA margin excludes gross revenues from the joint venture with Meralco and International Pharmaceuticals Inc. as these are reported separately under share in net losses (income) in JV.
Share in net income in the joint venture contributes 4% to the company’s total EBITDA. Residential development and commercial development contributed 60% and 40% to the total EBITDA, respectively.
Consolidated net income after tax (NIAT) registered at P1,433 million, higher than last year’s P943 million.
NIAT to parent for the three months is P1,291 million, 67% higher from the same period last year of P773 million.
