The uptick in Ajmera Realty share price came after the company reported its operational numbers for the December quarter of financial year 2025 (Q3FY25)
Ajmera Realty & Infra India Ltd on Thursday reported a 7 per cent growth in sale bookings to Rs 270 crore in the December quarter on better housing demand. Its sale bookings or pre-sales stood at Rs 253 crore in the year-ago period. During the April-Decrmber period of 2024-25 fiscal, the company's sale bookings were up 14 per cent to Rs 830 crore from Rs 730 crore in the corresponding period of the preceding year, according to a regulatory filing. Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd, said, the company delivered a steady performance in December quarter, with sales driven by recently launched portfolio and limited inventory availability across projects. "The launched portfolio velocity contributed over 40 per cent to our sales during the nine-month period, demonstrating our ability to align with market expectations," he said. Looking ahead, Dhaval Ajmera said the company is optimistic about launching new projects in the upcoming quarter. "The company is ...
Ajmera Realty & Infra India Ltd on Thursday said it has repaid Rs 100 crore of its corporate debt and accordingly the outstanding debt has been reduced to Rs 693 crore. The Mumbai-based company in a regulatory filing said it has "repaid Rs 100 crore of its corporate debt. The repayment is facilitated from the funds raised through the recent equity offering of Rs 225 crore." The debt reduction ahead of its scheduled due date is expected to help the company post better returns on grounds of lower interest payments on existing debt, the company said. "Outstanding debt has been reduced from Rs 793 crore (as per 2QFY25) to Rs 693 crore," Ajmera Realty said. The company plans to use the equity funds to accelerate its momentum for project launches, and to further strengthen its corporate functionalities. "This is a strategic move towards de-leveraging, and we are glad to reduce our corporate debt significantly. This exercise will help ease our debt-equity ratio and reinforce the ...
Ajmera Realty & Infra India (ARIIL) hit a new high of Rs 1,120, gaining 6 per cent on the BSE in Thursday's intra-day trade on healthy outlook.
Ajmera Realty & Infra India Limited on Monday reported a 57 per cent increase in its consolidated net profit to Rs 35.35 crore in the September quarter. Its net profit stood at Rs 22.53 crore in the year-ago period. Total income rose to Rs 204.12 crore in the second quarter of the current fiscal from Rs 147.59 crore in the corresponding period a year ago, according to a regulatory filing. The company has raised Rs 225 crore from investors on preferential allotment basis. Mumbai-based Ajmera Realty & Infra India is one of the leading real estate firms in the country.
Ajmera Realty hit a new high of Rs 908, surging 5% after the company's board approved issue of equity shares to investor Mukul Mahavir Agrawal and Authum Investment & Infra on preferential basis.
Ajmera Realty & Infra India on Thursday reported a 49 per cent increase in its consolidated net profit to Rs 31.43 crore for the quarter ending June. Its profit stood at Rs 21.07 crore in the year-ago period. Total income rose to Rs 196.15 crore in the April-June period of this fiscal from Rs 117.57 crore in the corresponding period of the previous year, according to a regulatory filing. Dhaval Ajmera, Director of Ajmera Realty & Infra India, said the company continued its robust growth momentum with a stellar performance across all financial metrics, driven by strong sales growth and excellent collection efficiencies across all projects. This growth trajectory is a testament to the company's coveted launch pipeline and paves the way further towards full-year guidance, he said.
The uptick in the Ajmera Realty share price came after the company announced its June quarter of financial year 2025 (Q1FY25) results.