Ajmera Realty & Infra India Ltd has reported a 6% year-over-year (YoY) increase in sales value for FY25, reaching ₹10.80 billion. Despite this growth, the company faced challenges in the fourth quarter, where sales value declined compared to the previous year.
FY25 Performance:
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Sales Value: Increased by 6% YoY to ₹10.80 billion.
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Revenue Growth: Revenue for 9M FY25 grew by 27% YoY to ₹599 crore, though Q4 saw a decline in sales compared to Q3.
Q4 Challenges:
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Sales Decline: Q4 sales value was lower than the previous year, reflecting market dynamics and inventory levels.
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Net Profit: Net profit for Q3 FY25 was ₹33.89 crore, showing an 11.19% increase from the previous quarter but a decline from Q2.
Strategic Initiatives:
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Debt Reduction: Successfully reduced debt by 14% to ₹693 crore as of 9M FY25, improving the debt-equity ratio to 0.57x.
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New Projects: Plans to launch six new projects with a Gross Development Value (GDV) of ₹4,300 crore in the coming quarters.
Ajmera Realty's performance reflects its resilience in a competitive market, with a focus on strategic growth and financial health.
Sources: Business Standard, The Economic Times, Ajmera Realty Official Press Release