
Ajmera Realty's sales value plunges 65% YoY to Rs 108 cr in Q1 FY26
Sales performance during the quarter was affected by sector-wide regulatory challenges, leading to delays in project launches, including certain key projects of Ajmera Realty.
The carpet area sold fell 52% to 63,244 square foot in Q1 FY26 from 1,30,801 square foot in Q1 FY25.
Collection jumped 42% YoY to Rs 234 crore in Q1 FY26, underscoring strong cash flow realization from existing projects.
Dhaval Ajmera, director - Corporate Affairs, said Our Q1 FY26 results reflect both strengths and sector-wide regulatory challenges. We are pleased with the robust 42% YoY growth in collections to Rs 234 crores, demonstrating our operational efficiency and project execution. However, the lack of necessary approvals led to delays in new launches, while lower available inventory in existing projects contributed to sales during the quarter.
Looking ahead, we are gearing up to deliver around 1,000 homes by the second half of FY26, with fast-tracked execution underway across six residential projects in Mumbai and Bengaluru, backed by sustained construction progress and inventory absorption. Our strategycentered on timely execution, innovative design, and sustainabilitycontinues to resonate with home buyers seeking quality in high-growth micro-markets. Our disciplined project management and customer-centric approach position us well to achieve our FY26 aspirations and deliver long-term stakeholder value.
Ajmera Realty & Infra India has a PAN India presence along with an international presence. The company is focused on premium developments in luxury and mid-luxury projects in the residential segment. The company has a huge development potential available on its balance land parcel at Ajmera I-Land, Bhakti Park, Wadala, and Central Mumbai.
The companys consolidated net profit declined 12.1% to Rs 25.28 crore on 34.7% fall in net sales to Rs 151.39 crore in Q4 March 2025 over Q4 March 2024.
The scrip fell 1.90% to end at Rs 901.25 on the BSE.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
44 minutes ago
- Time of India
Auric will get 10,000 acres for expansion, says secretary of department for promotion of industry & internal trade
Chhatrapati Sambhajinagar: Amardeep Singh Bhatia, the secretary of Centre's department for promotion of industry and internal trade (DPIIT) at the Centre, announced on Saturday that the Aurangabad Industrial City (Auric) will undergo further expansion on 10,000 acres of land. "Auric will play a key role in the path to achieving a $30 trillion economy for India by 2047. It has been playing a pioneering role by emerging as a vibrant manufacturing hub," Bhatia said during his visit to Auric at Chhatrapati Sambhajinagar. Auric is a greenfield industrial smart city taking shape over 10,000 acres as part of the Delhi-Mumbai Industrial Corridor (DMIC). The industrial city is being developed in Bidkin and Shendra nodes, with the Bidkin node already attracting significant investments from electric vehicle manufacturers, among others. Bhatia added that Centre plans to establish 100 additional industrial cities like Auric across the country. "In order to achieve the $30 trillion economy target, we have to grow at the rate of 9 to 10% every year. The development of manufacturing hubs is crucial to achieve this," he said. P Anbalagan, the principal secretary of the state industries department, who accompanied the Union secretary, said, "The necessary notification would be issued in the next two to three months, paving the way for the expansion of the AURIC." Bhatia also visited the Marathwada Accelerator for Growth and Incubation Council (MAGIC), emphasising that Indian startups should focus on building world-class products. "The Indian startups need to focus not just on India but on global markets. The country has emerged as the third-largest startup ecosystem globally," he said, praising MAGIC for securing more than 20 patents for startups and supporting tier-2 and tier-3 cities. Speaking on the occasion, Anbalagan announced that 15 new policies would soon be introduced by state govt, covering sectors such as defence, event management, logistics, deep technology, and special MSME support. "Funding worth Rs 3,000 crore will be made available across various domains for startups. Additionally, the 'MAITRI 2.0' portal will soon be launched, offering approvals for over 120 services through a single-window system," he said.


Time of India
an hour ago
- Time of India
Silver shines at record Rs 1.1 lakh per kg in Ahmedabad
Ahmedabad: Silver prices reached an all-time high of Rs 1.10 lakh per kg in the Ahmedabad bullion market on Saturday, driven by global geopolitical tensions and strong industrial demand. Bullion traders attribute the surge to heightened uncertainties in international markets, including conflicts in Europe and West Asia, alongside growing silver consumption in sectors such as electronics, solar energy, and electric vehicles. "Silver is increasingly seen as a hedge in uncertain times, similar to gold. At the same time, demand from industries is pushing prices up steadily," said Haresh Acharya, director of India Bullion and Jewellers' Association (IBJA). "However, the rally has left jewellers concerned, particularly with the festive season around the corner. With Rakshabandhan approaching, silver coins and gift articles typically witness a spike in demand, but the steep prices may dampen consumer sentiment," he added. You Can Also Check: Ahmedabad AQI | Weather in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad While investors may see silver as a safe bet, retail buyers are likely to turn cautious. If prices continue to climb, jewellers fear that demand for silver jewellery, bars, and gift items may remain subdued in the upcoming festive months.


Time of India
an hour ago
- Time of India
Minister urges exclusive shop for Balaramapuram handloom at new high-tech market
Thiruvananthapuram : Labour minister V Sivankutty urged Balaramapuram grama panchayat to allot a dedicated shop exclusively for selling traditional Balaramapuram handloom products at the upcoming high-tech market. Speaking after laying the foundation stone for the Rs 8 crore high-tech market in Balaramapuram, the minister said it was unfortunate that there wasn't a single shop in the town selling only handloom clothing, despite its cultural legacy. He emphasised that such modern markets would play a vital role in local development by directly connecting farmers and weavers to consumers, eliminating middlemen. The public markets, he added, create opportunities for transparent and fair trade. Kovalam MLA M Vincent presided over the event. District panchayat president D Suresh Kumar, block president S K Preetha, grama panchayat president V Mohanan, vice-president R Shameela Beevi and district panchayat member Bhagat Rufus were also present. The project aims to boost local trade and preserve Balaramapuram's handloom heritage.