Quarterly Result29 May 2025, 09:13 pm
Embassy Developments Limited Announces FY2025 Financial Results, Sets FY2026 GDV Target of INR 22,000 Cr
AI Summary
Embassy Developments Limited (EDL) announced financial statements and an investor update as a consolidated company for the fourth quarter and the full year ended March 31, 2025. Key highlights include a combined company total GDV of INR 48,000 Cr, targets of 10 project launches in FY2026 with GDV in excess of INR 22,000 Cr, and a pre-sales target of INR 5,000 Cr. EDL also proposed an acquisition opportunity to Embassy REIT for a commercial development in Whitefield, Bengaluru, and aims to replicate its success in Embassy REIT with EDL.
Key Highlights
- Combined Company total GDV of INR 48,000 Cr
- Targets 10 project launches in FY2026 with GDV in excess of INR 22,000 Cr
- Pre-sales target of INR 5,000 Cr, a 150% jump over FY2025
- Proposed an acquisition opportunity to Embassy REIT for ~3.3 msf commercial development in Whitefield, Bengaluru
- Aims to replicate success in Embassy REIT with EDL