New Launch6 Feb 2024, 06:30 pm
Ajmera Realty & Infra India Ltd. Reports Stellar Q3FY24 Results; Revenue and PAT Zoom 2.5x and 3x YoY Respectively
AI Summary
Ajmera Realty & Infra India Ltd. has announced its 3rd Quarter & Nine months ended 31st December 2023 financial results, with revenue and PAT increasing by 2.5x and 3x YoY respectively. The company's total revenue for Q3FY24 increased by 159% YoY to INR 209 crore, with a PAT margin of 15%. The company's 9M FY24 total revenue surpassed FY23 levels, with a PAT of INR 74 crore. The company's launch pipeline has expanded to estimated GDV of INR 3,130 crore across eight projects, expected to be launched within 12 months.,
Key Highlights
- Revenue and PAT zoom 2.5x and 3x YoY respectively
- Total revenue for Q3FY24 increased by 159% YoY to INR 209 crore
- PAT margin of 15%
- 9M FY24 total revenue surpassed FY23 levels
- Estimated GDV of INR 3,130 crore across eight projects