Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Hot Pursuit

Scrips, which has significant changes during the market hours.

 
AB Real Estate climbs after arm's booking value surges to Rs 8,000 cr in FY25
15-Apr-25 16:29Hrs IST

This success is underlined by Birla Arika, Gurugram (phase 1) which achieved a record-booking value of approximately Rs 3,100 crore for over 300 units along with multiple successful launches in its Bengaluru market in FY25. The company witnessed a remarkable 17x surge in booking value in its residential sector from FY20 to FY25, displaying a strong growth trajectory and has shown a 100% growth over FY24.

In the last quarter of FY25 the company launched 5 projects across its key markets of NCR, Bengaluru and forayed into the Pune market recording its biggest quarter sales.

Commenting on the company's extraordinary performance in FY25, K.T. Jithendran, MD & CEO, Birla Estates, stated, Our FY25 performance is a testament to our market choices, right positioning and strong brand. With an exceptional CAGR of 77% from FY20 to FY25, we are among the fastest growing real estate developers in India.

Over the next few years, we aim to expand our business, establishing Birla Estates among the top players in key micro-markets across Mumbai, Pune, NCR, and Bengaluru. With 8 launches slated for FY26, our focus remains on premium and luxury housing, driven by unmatched quality, operational excellence, sustainability and innovation. As we scale, we will continue to create future-ready developments that redefine urban living.

Aditya Birla Real Estate (formerly known as Century Textiles and Industries) is established in 1897. It has presence in pulp & paper and real estate sectors.

The company reported a consolidated net loss of Rs 40.59 crore in Q3 FY25 as compared with net profit of Rs 83.30 crore in Q3 FY24. Net sales fell 3.6% YoY to Rs 946.21 crore in Q3 FY25.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise