Latest news with #AdityaBirlaRealEstate
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Business Standard
24-07-2025
- Business
- Business Standard
Aditya Birla Real Estate shares gain 2% post Q1; check details here
Aditya Birla Real Estate share price today: Shares of the Aditya Birla group firm rose over 2 per cent on Thursday, July 24, 2025, logging an intraday high of ₹2,073.90 per share. At 10:40 AM, shares of Aditya Birla Real Estate were trading at ₹2,061.30, up by 2.13 per cent on the National Stock Exchange. In comparison, NSE Nifty was trading lower, down by 50 points or 0.2 per cent, quoting 25,169.55 level. The total market capitalisation of the company stood at ₹23,023.83 crore. Why were Aditya Birla Real Estate shares buzzing in trade? The real estate arm of the Aditya Birla group reported a loss (attributable to owners of the company) of ₹25.47 crore for the first quarter of financial year 2025-2026 (Q1FY26), as compared to a profit of ₹7.78 crore recorded in the corresponding period of the previous fiscal year. However, on a sequential basis, the loss figure contracted by over 80 per cent from ₹131.01 crore. Total income for the quarter under review witnessed a drop, to ₹157.41 crore as against ₹365.24 crore reported in the same period of the previous fiscal year. That apart, the company's board of directors has approved the fundraise of ₹1,500 crore in one or more tranches to refinance the real estate developer's existing debts. It is also worth mentioning that the company is currently in the divestment process of its paper and pulp business. "The Board at its meeting held today has approved raising of funds up to ₹1,500 Crores in one or more tranches by way of availing secured or unsecured Rupee Term Loan within the borrowing limits approved by the shareholders to refinance the existing debts of the Company taken for capex use of Century Pulp and Paper division of the Company ('CPP')...," the company stated in an exchange filing. Brokerage view- Nomura While the real estate company recorded an Ebitda loss for the quarter, global brokerage firm Nomura pointed that looking at the profit and loss (P&L) statement at this stage might not provide the full picture. This is largely because the company has a large pipeline of unrecognised revenue of ₹15,000 crore, that could be booked in future periods. "After the divestment of its pulp and paper business, the company has started reporting revenue for its real estate segment. Aditya Birla Real Estate follows the 'project completion' method of accounting and, as such, revenue is recorded only upon delivery. We assume that key deliveries such as the Niyaara Tower would take place only by end-FY28F," the brokerage firm stated Nomura has maintained its 'Buy' rating on the stock with the target price of ₹2,700. "For Q1FY26, it incurred an Ebitda loss in its real estate segment largely owing to corporate overheads and marketing expenses. We expect this trend to be reflected in the coming quarters as well," the brokerage firm added.
Time of India
23-07-2025
- Business
- Time of India
Aditya Birla Real Estate posts net loss of ₹47.30 crore in Q1 FY26
NEW DELHI: Aditya Birla Real Estate (formerly known as Century Textiles ) has reported net consolidated loss of ₹47.30 crore in the first quarter of the financial year 2025-26. The company had registered profit after tax of ₹9.86 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at ₹157.41 crore in Q1 FY26, a dip of 56.90 per cent from ₹365.24 crore it recorded in the similar quarter last year. As of June 30, 2025, the company's net worth stood at ₹3,835.56 crore, debt-equity ratio was 1.32, current liability ratio was 0.70, total debts to total assets was 0.31, operating margin was -5.73% and net profit margin was -3.25%. It saw booking value of ₹4,225 million in Q1 FY26, up 61% year-on-year from ₹2,621 million in Q1 FY25. Collections were at ₹5,453 million as against ₹4,881 million, up 12% year-on-year.
Business Standard
23-07-2025
- Business
- Business Standard
Aditya Birla Real Estate reports consolidated net loss of Rs 25.47 crore in the June 2025 quarter
Sales decline 58.67% to Rs 144.21 croreNet loss of Aditya Birla Real Estate reported to Rs 25.47 crore in the quarter ended June 2025 as against net profit of Rs 7.78 crore during the previous quarter ended June 2024. Sales declined 58.67% to Rs 144.21 crore in the quarter ended June 2025 as against Rs 348.96 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -59 OPM %-29.3910.77 -PBDT-37.6038.55 PL PBT-53.1022.43 PL NP-25.477.78 PL Powered by Capital Market - Live News
Business Standard
23-07-2025
- Business
- Business Standard
AB Real Estate slides on posting dismal Q1 outcome
Aditya Birla Real Estate slipped 5.19% to Rs 2,024.20 after the firm reported a consolidated net loss of Rs 25.47 crore in Q1 FY26 compared with a net profit of Rs 7.78 crore in Q1 FY25. Total income decreased 56.9% year on year (YoY) to Rs 157.41 crore in Q1 FY26. During Q1 FY26, the firm recorded a pre-tax loss of Rs 53.10 crore as against a profit before tax of Rs 22.43 crore in Q1 FY25. On the segmental front, revenue from real estate income stood at Rs 130.26 crore (down 60.99% YoY), while revenue from others stood at Rs 14.08 crore (down 7.19% YoY) during the period under review. Total expenses jumped 18.39% YoY to Rs 84.60 crore in Q1 FY26. The cost of land, construction, and other related real estate development costs stood at Rs 2.51 crore (up 22.44% YoY), and employee benefits expense was at Rs 6.46 crore (up 17.45% YoY) during the period under review. Aditya Birla Real Estate (formerly known as Century Textiles and Industries) was established in 1897. It has a presence in the cotton textiles, pulp & paper, and real estate sectors.
Mint
23-07-2025
- Business
- Mint
Aditya Birla Real Estate share price tanks over 6% after company posts net loss in Q1FY26
Aditya Birla Real Estate share price declined over 6% on Wednesday after the company reported its Q1 results with a consolidated net loss. Aditya Birla Real Estate shares dropped as much as 6.74% to ₹ 1,991.05 apiece on the BSE. Aditya Birla Real Estate (ABREL) reported a consolidated net loss of ₹ 27.08 crore for the first quarter of this fiscal, as against a net profit of ₹ 17.35 crore in the year-ago period. However, the company' net loss in the April-June quarter narrowed from the loss of ₹ 135.20 crore posted in the March 2025 quarter. The company's total revenue in Q1FY26 declined 57% to ₹ 157.41 crore from ₹ 365.24 crore, year-on-year (YoY). During the first quarter of 2025-26 fiscal, ABREL posted a net loss of ₹ 47.30 crore from continued operations while it clocked a profit of ₹ 20.22 crore from the discontinued operations. Aditya Birla Real Estate, formerly known as Century Textiles & Industries Ltd, has recently sold its pulp and paper business. Aditya Birla Real Estate has also announced raising of funds up to ₹ 1,500 crore, in one or more tranches, by way of availing secured or unsecured Rupee Term Loan within the borrowing limits approved by the shareholders. The fundraising is done to refinance the existing debts of the company taken for capex use of Century Pulp and Paper division of the Company (CPP) and release of charges or encumbrances created on the assets of CPP for such loans, in view of the proposed sale of CPP division of the Company to ITC, Aditya Birla Real Estate said in a regulatory filing on July 23. Aditya Birla Real Estate share price has dropped 16% in one month, but the stock has risen 5% in the past six months. On a year-to-date (YTD) basis, Aditya Birla Real Estate shares have declined 20%, while it has fallen 8% in one year. Despite recent weakness, the real estate stock has delivered robust long-term returns — surging 150% over a three-year period and delivering multibagger gains of 560% in the last five years. At 2:30 PM, Aditya Birla Real Estate share price was trading 5.95% lower at ₹ 2,008.00 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
