 "India's real estate sector, significantly buoyed by a robust economy, has emerged as a pivotal player in the country's development. With an 18 per cent share in national employment, real estate is the largest employment generator after agriculture. C")
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Aditya Birla Real Estate on Wednesday reported a consolidated net loss of Rs 126.99 crore from continuing operations for March quarter FY25.
The company had posted a net profit of Rs 143.67 crore in the year-ago period.
Total income declined to Rs 407.78 crore in the quarter from Rs 823.34 crore a year ago, according to a regulatory filing.
For 2024-25, the company posted a net loss of Rs 148.74 crore as against a net profit of Rs 128.25 crore in the preceding year. Total income rose to Rs 1,257.33 crore from Rs 1,148.71 crore.
Aditya Birla Real Estate, formerly known as Century Textiles & Industries Ltd, has sold its pulp and paper business recently.
Shares of the company ended at Rs 2,026.10 apiece, up 4.66 per cent, on the BSE.
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