Ajmera Realty & Infra India Ltd Share Price – NSE  / BSE

Realty, Small Cap

EBITDA improved by 62% YoY to Rs 64.6 crore during the period under review. EBITDA margin was 32% in Q2 FY25 as against 27% in Q2 FY24.

Finance costs increased by 69% to Rs 17.5 crore in Q2 FY25 from Rs 10.4 crore in Q2 FY24.

Profit before tax in Q2 FY25 stood at Rs 46.5 crore, up by 59% from Rs 29.3 crore posted in Q2 FY24.

The company’s sales volume for the second quarter was 1,14,046 square feet, down 6% YoY. Sales value and collections were Rs 254 crore (up 1% YoY) and Rs 133 crore (up 20% YoY), respectively.

The company has on boarded marquee investors in its equity raise of Rs 225 crore on preferential allotment basis and successfully closed its maiden private equity deal with domestic institutional investor.

Dhaval Ajmera, director – Ajmera Realty & Infra India, said: “The company remains steadfast on its growth trajectory, delivering impressive results that reflect our strategic initiatives.

We are happy to increase the equity through preferential allotment which is testimony of the growth potential of the company from the investors who are strategically aligned with our objectives.

A robust pipeline comprising seven projects with a gross development value of Rs 4,270 crore is set to launch, positioning the second half of FY25 for significant optimism and value creation. These developments collectively enhance the company’s prospects and stakeholder value.”

Ajmera Realty & Infra India (ARIIL) is a real estate developer that is focused on premium developments in luxury and mid-luxury projects in the residential segment.

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Net profit of Ajmera Realty & Infra India rose 56.90% to Rs 35.35 crore in the quarter ended September 2024 as against Rs 22.53 crore during the previous quarter ended September 2023. Sales rose 37.58% to Rs 199.96 crore in the quarter ended September 2024 as against Rs 145.34 crore during the previous quarter ended September 2023.

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Ajmera Realty & Infra India will hold a meeting of the Board of Directors of the Company on 28 October 2024.

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Ajmera Realty & Infra India announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 November 2024 .

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