
AJMERA REALTY & INFRA INDIA LTD. Reports 50%+ Growth in Revenue & PAT in H1FY25, Raises Equity to Accelerate its Growth Plan
Ajmera Realty & Infra India Ltd, a leading real estate company, announced its financial results for the 2nd Quarter & Half Year ended 30th September 2024. The company reported a 50%+ YoY growth in Revenue and PAT in H1FY25. The revenue in Q2FY25 grew by 38% to INR 204 Cr, while H1FY25 recorded a YoY growth of 51% to INR 400 Cr. The PAT in Q2FY25 grew by 58% to INR 36 Cr, while H1FY25 PAT grew by 55% YoY to INR 69 Cr. The sales value grew by 18% in H1FY25 to INR 560 Cr. Collections remained robust in H1FY25 with a 34% growth. The company has onboarded marquee investors in its Equity raise of INR 225 Cr and successfully closed its maiden private equity deal with a domestic institutional investor. A robust pipeline of seven projects with a Gross Development Value of 4,270 crores is set to launch, positioning the second half of FY25 for significant optimism and value creation.
Key Highlights
- 50%+ YoY growth in Revenue & PAT in H1FY25
- Revenue in Q2FY25 grew by 38% to INR 204 Cr
- H1FY25 PAT grew by 55% YoY to INR 69 Cr
- Sales value grew by 18% in H1FY25 to INR 560 Cr
- Robust pipeline of seven projects with a Gross Development Value of 4,270 crores