Ajmera Realty & Infra India consolidated net profit declines 12.13% in the March 2025 quarter
Net profit of Ajmera Realty & Infra India declined 12.13% to Rs 25.28 crore in the quarter ended March 2025 as against Rs 28.77 crore during the previous quarter ended March 2024. Sales declined 34.69% to Rs 151.39 crore in the quarter ended March 2025 as against Rs 231.80 crore during the previous quarter ended March 2024.
For the full year,net profit rose 22.47% to Rs 125.95 crore in the year ended March 2025 as against Rs 102.84 crore during the previous year ended March 2024. Sales rose 5.43% to Rs 737.95 crore in the year ended March 2025 as against Rs 699.96 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 151.39231.80 -35 737.95699.96 5 OPM % 28.6428.59 - 31.2628.74 - PBDT 34.0040.23 -15 170.14140.52 21 PBT 33.0439.78 -17 167.09138.81 20 NP 25.2828.77 -12 125.95102.84 22
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India.com
8 minutes ago
- India.com
Bad news for Flipkart, ED files complaint against Myntra in Rs 16540000000 alleged violations of…
The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (FEMA), 1999, against Myntra Designs Private Limited, its associated entities, and directors over alleged violations totaling Rs 1,654.35 crore, the agency announced on Wednesday. The action was initiated by ED's Bengaluru Zonal Office following credible information that Myntra Designs Private Limited (Myntra) and its related companies are doing Multi Brand Retail Trade (MBRT) in the guise of 'Wholesale Cash & Carry', allegedly in violation of the extant FDI Policy. ED's Investigation Against Myntra ED said its investigation under the provisions of FEMA, 1999 revealed that 'Myntra Designs Pvt Ltd had declared that they were engaged in the business of 'wholesale cash & carry' and invited and received FDI from foreign investors equivalent to Rs 1654,35,08,981 and that they sold majority of their goods to Vector E-Commerce Pvt Ltd (who sold the goods in retail to the ultimate customer).' 'That Vector E-Commerce Pvt Ltd and Myntra Designs Pvt Ltd are related parties and belong to the same group or group of companies,' said the agency. It further said that Vector E-Commerce Pvt Ltd was created and continued to be used as a corporate entity to bifurcate the B2C (business to customer i.e. Myntra Designs Pvt Ltd to retail customers) transaction into B2B (Myntra Designs Pvt Ltd to Vector E-Commerce Pvt Ltd) and then B2C (Vector E-Commerce Pvt Ltd to retail customers). ED investigation also revealed that Myntra Designs Pvt Ltd was actually carrying out multi-brand retail trading in the guise of 'wholesale cash & carry'. 'Even otherwise, Myntra Designs Pvt Ltd have not satisfied the condition laid down for 'wholesale cash and carry trading' as they have made cent per cent sales to Vector E-Commerce Pvt Ltd which is in contravention of amendment dated April 1, 2010 and October 1, 2010 which permitted only 25 per cent sale to companies belonging to the same group or group companies.' As per the ED, Myntra Designs Pvt Ltd and others have contravened the provisions as per section 6(3)(b) of the Foreign Exchange Management Act, 1999 and Consolidated FDI Policy dated April 1, 2010 and consolidated FDI Policy dated October 1, 2010 to the tune of Rs. 1654,35,08,981. (With Inputs From ANI)
Mint
8 minutes ago
- Mint
Realme Narzo 80 Lite 4G launched in India with a 6300mAh Battery at Rs. 6599
Realme has launched a new budget smartphone under the Narzo series, the Realme Narzo 80 Lite 4G, in India with a massive battery, an attractive design, and promising features. The smartphone is designed for Gen-Z users with features like a slimmer build, customisable Pulse Light, massive 6.74-inch display, AI-powered features, and more. Therefore, if you are in search of a stylish-looking phone, but in a budget segment, then the Realme Narzo 80 Lite 4G could come as a great choice for consideration. The Realme Narzo 80 Lite 4G features a 6.74-inch HD+ LCD display with a 90Hz refresh rate and up to 180Hz touch sampling rate. It comes with a compelling design with a slim profile that measures 7.94mm. It also offers durability features such as armour shell protection, toughened corners, and an IP54 rating for water and dust protection. It also features a Pulse Light, which has 5 customisable glowing modes. For performance, the smartphone is powered by an Unisoc T7250 Octa-Core processor paired with 4GB of RAM and up to 12GB of virtual RAM. It also features such as AI Boost, AI Call Noise Reduction 2.0, and Smart Touch for multitasking. It runs on realme UI 6.0 based on Android 15. For photography, the Realme Narzo 80 Lite 4G features a 13MP AI rear camera and a 5MP front camera. Users can also access AI-powered features such as AI scene enhancement. Lastly, the Realme Narzo 80 Lite 4G is backed by a 6300mAh battery that supports 15W fast charging. The Realme Narzo 80 Lite 4G will be available in Obsidian Black and Beach Gold colour options. It will come in two storage options: 4 GB +64 GB and 6 GB + 128 GB, priced at Rs. 7,299 and Rs. 8,299 in India. However, buyers can avail a voucher of Rs. 700 on Amazon and Rs. 200 off on a bank offer. The smartphone will be available for early flash sale on July 28 at 12 PM IST on Amazon and However, the official sale starts on July 31 on the same platform.
Time of India
8 minutes ago
- Time of India
Aurum PropTech acquires REA India's PropTiger in strategic share-swap deal
Aurum PropTech has acquired PropTiger. The acquisition is through an all-stock deal with REA India. REA India will get a 5.5% stake in Aurum PropTech. Aurum will take over PropTiger's operations. PropTiger's integration will enhance Aurum's proptech portfolio. Prakash Tejwani is the new CEO of PropTiger. The deal allows REA Group to retain exposure to the Indian market. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Listed property technology company Aurum PropTech has acquired 100% of PropTiger , the Indian arm of News Corp Australia-backed REA Group , through an all-stock strategic equity swap. This marks the first-ever share-swap–based acquisition in the country's proptech part of the transaction, REA India will become a 5.5% equity shareholder in Aurum PropTech by receiving 4,242,537 equity shares through a preferential the agreement, REA India will transfer complete operational control of PropTiger to Aurum, including its technology infrastructure, team, customer relationships, and intellectual transaction will result in PropTiger's integration into Aurum's broader proptech portfolio, which includes NestAway, HelloWorld, and Aurum Analytica."Our conviction in this acquisition stems from a shared vision with REA India to digitize the consumer's real estate journey. This reinforces Aurum's lead across the total addressable market (TAM) for residential real estate distribution in India, estimated at Rs 38,000 crores in annual expenditure across lead generation, sales automation, and transaction management,' said Ashish Deora, Founder and CEO of Aurum reported a compounded annual revenue growth of 23% between 2021-22 and 2023-24, closing 2023-24 with revenue of Rs 95.5 crore. With this acquisition, Aurum adds a 350-member residential brokerage and technology team, strengthening its position in the residential real estate services has named Prakash Tejwani as the new Chief Executive Officer of PropTiger and Sridhar Srinivasan will be elevated as Chief Business Officer over the next 12 to 18 to Praveen Sharma, CEO of REA India, the decision to align PropTiger with Aurum would enable the platform's long-term growth. 'This agreement helps sharpen our focus on and its digital initiatives, while unlocking greater value for PropTiger through its integration with Aurum,' Sharma integration into Aurum's existing platform is expected to drive efficiencies through a unified data and Artificial Intelligence (AI) framework. The combined setup will offer tools such as virtual property tours, investment dashboards, and analytics-driven property deal marks a strategic move by REA Group to retain exposure to the Indian market through its stake in Aurum while exiting direct control of PropTiger, which it acquired in 2017 and later merged with and Aurum, the share-swap structure adds PropTiger to its growing proptech ecosystem without upfront cash outflow, building on its recent string of platform REA Group is a global digital business specializing in property, with businesses in Australia, Asia and North America. It is listed on the Australian Securities Exchange and is majority-owned by News Corp Australia , led by Rupert company's market capitalization stands at over A$30.9 billion as of July end, ranking it among the world's top real estate internet platforms. The group owns and operates over 16 real estate related brands globally.
