Ajmera Realty & Infra India Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Ajmera Realty & Infra India Ltd reported a 2.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 4.6%.
- Its expenses for the quarter were down by 2.0% QoQ and 8.0% YoY.
- The net profit decreased 8.6% QoQ and increased 10.7% YoY.
- The earnings per share (EPS) of Ajmera Realty & Infra India Ltd stood at 9.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 199.09 | 204.12 | 208.59 | -2.5% | -4.6% |
Total Expenses | 154.50 | 157.59 | 167.99 | -2.0% | -8.0% |
Profit Before Tax | 44.59 | 46.53 | 40.60 | -4.2% | 9.8% |
Tax | 11.43 | 10.24 | 10.65 | 11.6% | 7.3% |
Profit After Tax | 33.16 | 36.29 | 29.95 | -8.6% | 10.7% |
Earnings Per Share | 9.10 | 9.80 | 8.60 | -7.1% | 5.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ajmera Realty & Infra India Ltd is a prominent player in the real estate and infrastructure sector in India. The company primarily focuses on residential and commercial real estate development. Ajmera Realty is known for its extensive portfolio of residential projects, which range from affordable housing to luxury apartments. The company also ventures into commercial real estate projects, contributing to its diversified portfolio. As of the latest available information, there are no major developments or announcements specific to this period. Ajmera Realty continues to operate within the competitive landscape of the real estate industry, which has been influenced by various macroeconomic factors and policy changes in India.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ajmera Realty & Infra India Ltd reported a total income of ₹199.09 crores. This represents a decrease of 2.5% from the previous quarter (Q2FY25), where the total income was ₹204.12 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), there is a 4.6% decline from ₹208.59 crores. The company's revenue reflects the dynamics of the real estate market, which can be subject to seasonal variations and broader economic conditions. Despite the decrease in total income, Ajmera Realty continues to manage its revenue streams in a challenging market environment.
Profitability
The company's profitability metrics show a mix of outcomes for the quarter. Profit Before Tax (PBT) for Q3FY25 was ₹44.59 crores, marking a 4.2% decrease from the ₹46.53 crores recorded in Q2FY25. However, this is a year-over-year increase of 9.8% compared to ₹40.60 crores in Q3FY24. The tax expense for the quarter was ₹11.43 crores, which is 11.6% higher than the previous quarter and 7.3% higher year-over-year. Consequently, the Profit After Tax (PAT) stood at ₹33.16 crores, showing a decrease of 8.6% from the previous quarter's ₹36.29 crores but a 10.7% increase over the same quarter last year. Earnings Per Share (EPS) for Q3FY25 was ₹9.10, which is a 7.1% decrease quarter-over-quarter from ₹9.80, yet a 5.8% increase year-over-year from ₹8.60.
Operating Metrics
The operating metrics for Ajmera Realty & Infra India Ltd indicate a careful management of expenses, as total expenses for Q3FY25 were ₹154.50 crores, reflecting a 2.0% decrease from Q2FY25's ₹157.59 crores and an 8.0% reduction from ₹167.99 crores in Q3FY24. This reduction in expenses may be part of the company's strategy to optimize operational efficiency amid fluctuating revenue trends. The company's financial performance, as reflected in these operating metrics, is indicative of its efforts to maintain profitability while addressing the challenges of the real estate market. The data suggests that Ajmera Realty is navigating its financial landscape with a focus on sustaining its operational health.
