Valor Estate Ltd Reports Record Quarterly Revenue of ₹ 840 Crore, Driven by 'Ten BKC' Project
Valor Estate Ltd, one of Mumbai's leading real estate developers, has announced its results for the first quarter ended June 30, 2025. The Company delivered its strongest quarterly performance, underpinned by robust real estate revenue and progress on its hospitality demerger. The Company reported a quarterly revenue of ₹ 840.33 crore, a significant increase from the previous quarter and the same period last year. This surge was primarily driven by the 'Ten BKC' project, which contributed ₹ 836.36 crore following receipt of the partial Occupancy Certificate (OC). The balance revenue of approximately ₹ 800 crore from 'Ten BKC' will be recognized upon receipt of the final OC. The Company also reported an EBITDA of ₹ 245 crore and a PBT of ₹ 47.19 crore for the hospitality segment.
Key Highlights
- Revenue of ₹ 840.33 crore, primarily driven by the 'Ten BKC' project
- EBITDA of ₹ 245 crore and a PBT of ₹ 47.19 crore for the hospitality segment
- Received NCLT approval for the hospitality demerger on 18 June 2025
- Received a project advance of ₹ 700 crore for the PAP project at Malad East
- Hospitality business demerged into Advent Hotels International Ltd, expected to be listed in September 2025