Ajmera Realty & Infra Q2 sales see 82% jump at Rs 1.66 bn

10 Oct 2022 CW Team

Realty developer Ajmera Realty & Infra India has recorded an 82% year-on-year jump in sales at Rs 1.66 billion for the quarter ended September. The quarterly performance has helped the company record a 181% growth in its sales at Rs 5.66 billion for the first half of the financial year 2022-23.

The developer has sold nearly 80,000 sq ft carpet area during the quarter. For the half year, the company’s sales volume rose 106% to over 237,000 sq ft, while collections saw a 44% rise at Rs 3.12 billion, the company said in a regulatory filing.

“We have continued to charter a growth trajectory with robust pre-sales despite all the headwinds, and are uniquely positioned on account of strong cash-flows, quality land bank and a diversified pipeline of new projects,” said Dhaval Ajmera, Director at Ajmera Realty.

While he expects challenges due to rising mortgage rates in the future, the impact of this, according to him, is likely to be insignificant given the latent demand in the real estate sector.

He said the company is geared up for new launches in the coming quarters as part of its overall strategy to grow and gain market share.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..