IRSA Reports Strong Growth in Net Income and Shopping Mall Segment
News provided byIRSA Inversiones y Representaciones S.A · 2 min read
BUENOS AIRES, Argentina, Sept. 4, 2026 /CourierPR/ -- IRSA Inversiones y Representaciones S.A., Argentina's leading real estate company, has announced its financial results for the fiscal year 2026, which ended on June 30, 2026. The company reported a net income of ARS 420,977 million, a significant increase from the previous year's ARS 261,911 million. Adjusted EBITDA from the rental segments also saw a modest growth, reaching ARS 317,725 million, up by 1.4% year-over-year (YoY), driven by improved performance in the Offices and Hotels segments.
The Shopping Malls segment maintained a robust performance, with revenues and Adjusted EBITDA tracking closely with inflation rates. Over the course of the year, IRSA expanded its Shopping Mall portfolio by acquiring Al Oeste and Los Gallegos Shopping. The company is also progressing with the transformation of Al Oeste into Oeste Outlet and the construction of Distrito Diagonal in La Plata, both of which are expected to open in the upcoming fiscal year.
IRSA's Premium Office portfolio continued to thrive, maintaining 100% occupancy. The company launched a new 15,350 square meters (sqm) office building at Polo Dot, which will integrate with the Zetta building and feature Mercado Libre as its primary tenant. Additionally, IRSA made significant progress on the development of its largest mixed-use project, Ramblas del Plata. The project includes infrastructure works and commercialization efforts, with five new land swap agreements executed during the year and two more after the fiscal year-end, bringing the total number of lots commercialized to 20.
Financially, IRSA issued USD 230 million in Notes and distributed cash dividends representing a dividend yield of approximately 10%. The company completed its warrant program issued in 2021, further solidifying its financial health. As of June 30, 2026, IRSA's market capitalization stood at approximately USD 1,306 million, with a price per Global Depositary Share (GDS) of USD 15.44.
IRSA has invited investors to a Results Conference Call scheduled for Tuesday, September 8, 2026, at 9:00 AM US Eastern Time / 10:00 AM BA Time. Participants can join the webinar by accessing the Webinar ID 859 8525 9414, with the password 083116. Alternatively, the call can be accessed by dialing various numbers depending on the participant's location.