NEW DELHI: Ansal Housing has reported net consolidated profit after tax of Rs 41.59 crore during the quarter ended June 30, 2024. It had registered loss after tax of Rs 4.33 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at Rs 125.48 crore in Q1 FY25, a growth of 59.16 per cent from Rs 78.84 crore it recorded in the similar quarter last year.
The board of directors approved the appointment and re-designation of Kushagr Ansal, as the managing director & CEO of the company from his current designation of whole time director & CEO, with effect from October 15, 2024 for a period of three years.
During the current quarter Suraksha ARC has restructured the borrowing of Rs 151.04 crore o/s as at March 31, 2024, at Rs 68.25 crore interest free, assigned to it by IFCI vide assignment agreement dated September 6, 2023, vide restructuring agreement dated June 03, 2024 with cut-off date of February 01, 2024. Hence, the company has recognized an exceptional income of Rs 83.04 crore.
