Realty Beat

Aditya Birla Real Estate posts net profit of Rs 2.82 crore in Q2 FY25, ET RealEstate


114486946

NEW DELHI: Aditya Birla Real Estate (formerly Century Textiles and Industries) has reported net consolidated profit after tax of Rs 2.82 crore in second quarter of the financial year 2024-25. It had registered net loss after tax of Rs 32.87 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s total income stood at Rs 1,138.08 crore in Q2 FY25, a growth of 30.26 per cent from Rs 873.70 crore it recorded in the similar quarter last year.

As on September 30, 2024, its net worth stood at Rs 4,107.33 crore, debt-equity ratio was 1.16, current liability ratio was 0.60, total debts to total assets was 0.34, operating margin was 1.59% and net profit margin was 0.24%.

During the quarter, the company acquired ownership rights for 10 acres of land parcel in Worli, Mumbai with a gross development value (GDV) of Rs 14,000 crore.

It also acquired five acres of land parcel in Gurugram with a GDV of Rs 1,400 crore.

  • Published On Oct 22, 2024 at 02:30 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App




Source link

Exit mobile version