Press Release9 May 2024, 09:01 pm
Ajmera Realty & Infra India Ltd Surpasses INR 1,000 Cr Sales Mark, Reports 61% PAT Growth in FY24
AI Summary
Ajmera Realty & Infra India Ltd, a leading real estate company, announced its financial results for the quarter and fiscal year ended March 31, 2024. The company reported impressive growth in sales, collections, total revenue, and profitability. Sales value surged to INR 287 Cr in Q4 FY24, up from INR 140 Cr in the same quarter of the previous year. Total revenue for the year amounted to INR 708 Cr, marking a significant 61% year-on-year (YoY) growth. Profit after tax (PAT) grew by 44% YoY to INR 103 Cr. The debt-equity ratio improved to 0.90:1 from 1.00:1 in the previous quarter.
Key Highlights
- Sales value grew by 104% QoQ and 21% YoY to INR 287 Cr.
- Collections grew by 103% QoQ and 91% YoY to INR 197 Cr.
- Total revenue grew by 61% YoY to INR 708 Cr.
- PAT grew by 44% YoY to INR 103 Cr.
- Debt-equity ratio improved to 0.90:1