Monthly Update8 Oct 2024, 08:15 pm
ASHIANA HOUSING LTD. Reports Strong Q2 FY'25 Performance with 482 Units Booked and INR 673.05 Crores in Value of Area Sold
AI Summary
ASHIANA HOUSING LTD. has released its quarterly performance update for Q2 FY'25, revealing a significant increase in both units booked and value of area sold compared to Q1 FY'25 and Q2 FY'24. A total of 7.30 lakhs sq. ft. were booked in Q2 FY'25, with INR 673.05 crores in Value of Area Sold. Notably, 482 units were booked in Q2 FY'25, a rise from 313 units in Q1 FY'25 and 416 units in Q2 FY'24. The company launched 'Ashiana Amarah Phase-4' in Q2 FY'25, selling 183 units and generating INR 421.98 crores in Value of Area Sold. Despite lower area sold in Q2 FY'25, the sale value was higher than in Q1 FY'25.
Key Highlights
- ASHIANA HOUSING LTD. reports 482 units booked in Q2 FY'25, a 54% increase from Q1 FY'25 and 16% increase from Q2 FY'24
- INR 673.05 crores in Value of Area Sold during Q2 FY'25, a 187% increase from Q1 FY'25 and 23% increase from Q2 FY'24
- Launch and successful sale of 'Ashiana Amarah Phase-4' with 183 units sold and INR 421.98 crores in Value of Area Sold
- Q2 FY'25 sees higher sale value at INR 251.07 crores compared to INR 235.32 crores in Q1 FY'25, despite lower area sold
- No stock to sell in Gurugram in Q1 FY'25