Latest news with #AjmeraRealty&InfraIndia
Time of India
5 days ago
- Business
- Time of India
Ajmera Realty posts ₹108 crore sales in Q1 FY26
NEW DELHI: Ajmera Realty & Infra India has reported sales of ₹108 crore in the first quarter of FY26, with 63,244 sq ft of area sold. The performance, while steady, was weighed down by project launch delays stemming from sector-wide regulatory challenges. The company registered a 42% year-on-year rise in collections at ₹234 crore in Q1 FY26, driven by focused execution and cash flow discipline. The Mumbai-headquartered developer said key project launches were deferred owing to delays in securing necessary permissions—challenges that have also impacted other players in the sector. The company, however, indicated that it is working proactively with authorities to resolve the issues and accelerate project timelines. Dhaval Ajmera , director - Corporate Affairs, of the company 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 ₹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." The company is preparing to deliver around 1,000 homes by the second half of FY26, with fast-tracked construction across six residential projects in Mumbai and Bengaluru . It expects improved sales momentum in the coming quarters.
Business Standard
5 days ago
- Business
- Business Standard
Ajmera Realty's sales value plunges 65% YoY to Rs 108 cr in Q1 FY26
Ajmera Realty & Infra reported 65% decline in sales value to Rs 108 crore in Q1 FY26 compared with Rs 306 crore in Q1 FY25. 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.
Time of India
14-05-2025
- Business
- Time of India
Ajmera Realty's profit falls 12% to ₹25.28 crore in Q4 FY25
NEW DELHI: Ajmera Realty & Infra India Ltd on Wednesday reported a 12 per cent decline in its consolidated net profit to Rs 25.28 crore in the latest quarter ended March. Its net profit stood at Rs 28.77 crore in the year-ago period. Total income fell to Rs 153.69 crore in the fourth quarter of the current fiscal from Rs 234.08 crore in the corresponding period of the preceding year, according to a regulatory filing. During 2024-25 fiscal, however, the company's net profit increased to Rs 125.95 crore against Rs 102.84 crore in the preceding financial year. Total income too rose to Rs 753.05 crore last fiscal as compared to Rs 707.83 crore in the 2023-24 fiscal. Mumbai-based Ajmera Realty & Infra India is one of the leading developers in the country.
Business Standard
14-05-2025
- Business
- Business Standard
Ajmera Realty & Infra India consolidated net profit declines 12.13% in the March 2025 quarter
Sales decline 34.69% to Rs 151.39 crore 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
Business Standard
14-05-2025
- Business
- Business Standard
Ajmera Realty & Infra India standalone net profit rises 24.23% in the March 2025 quarter
Sales decline 28.62% to Rs 118.00 crore Net profit of Ajmera Realty & Infra India rose 24.23% to Rs 28.61 crore in the quarter ended March 2025 as against Rs 23.03 crore during the previous quarter ended March 2024. Sales declined 28.62% to Rs 118.00 crore in the quarter ended March 2025 as against Rs 165.31 crore during the previous quarter ended March 2024. For the full year,net profit rose 30.85% to Rs 111.64 crore in the year ended March 2025 as against Rs 85.32 crore during the previous year ended March 2024. Sales rose 8.93% to Rs 532.67 crore in the year ended March 2025 as against Rs 489.00 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 118.00165.31 -29 532.67489.00 9 OPM % 37.6632.35 - 37.2933.02 - PBDT 37.4230.96 21 147.84115.14 28 PBT 36.9330.72 20 145.87113.96 28 NP 28.6123.03 24 111.6485.32 31
