AB Real Estate climbs after arm's booking value surges to Rs 8,000 cr in FY25

Image
Last Updated : Apr 15 2025 | 5:50 PM IST

Aditya Birla Real Estate rallied 3.39% to Rs 1848.10 after the company's wholly owned subsidiary, Birla Estates clocked its highest-ever booking value of Rs 8,000 crore for FY25, up 100% as compared with Rs 3,985 crore in FY24.

This success is underlined by Birla Arika, Gurugram (phase 1) which achieved a record-booking value of approximately Rs 3,100 crore for over 300 units along with multiple successful launches in its Bengaluru market in FY25. The company witnessed a remarkable 17x surge in booking value in its residential sector from FY20 to FY25, displaying a strong growth trajectory and has shown a 100% growth over FY24.

In the last quarter of FY25 the company launched 5 projects across its key markets of NCR, Bengaluru and forayed into the Pune market recording its biggest quarter sales.

Commenting on the companys extraordinary performance in FY25, K.T. Jithendran, MD & CEO, Birla Estates, stated, "Our FY25 performance is a testament to our market choices, right positioning and strong brand. With an exceptional CAGR of 77% from FY20 to FY25, we are among the fastest growing real estate developers in India.

Over the next few years, we aim to expand our business, establishing Birla Estates among the top players in key micro-markets across Mumbai, Pune, NCR, and Bengaluru. With 8 launches slated for FY26, our focus remains on premium and luxury housing, driven by unmatched quality, operational excellence, sustainability and innovation. As we scale, we will continue to create future-ready developments that redefine urban living."

Aditya Birla Real Estate (formerly known as Century Textiles and Industries) is established in 1897. It has presence in pulp & paper and real estate sectors.

The company reported a consolidated net loss of Rs 40.59 crore in Q3 FY25 as compared with net profit of Rs 83.30 crore in Q3 FY24. Net sales fell 3.6% YoY to Rs 946.21 crore in Q3 FY25.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 15 2025 | 4:29 PM IST

Next Story