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INA — Ingenia Communities News Story

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Australia's Ingenia Communities rises on upbeat FY profit, FY26 outlook

** Ingenia Communities Group INA.AX rises as much as 4.4% to A$6.22, highest since January 13, 2022

** Property developer posts FY net profit of A$128.4 mln($83.4 mln), up from year-ago A$14 mln

** Targets earnings/share of 32.5-34.0 Au cents, EBIT of A$180.5 mln-A$188.7 mln in FY26

** INA last up 6.2%, takes YTD gains to 35.3%

($1 = A$1.5389)

 (Reporting by Anjali Singh in Bengaluru)

 ((anjali.singh2@thomsonreuters.com;))

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