Ajmera Realty & Infra records 48% jump in net profit in Q2 FY22
Real Estate

Ajmera Realty & Infra records 48% jump in net profit in Q2 FY22

Ajmera Realty & Infra India has registered a 48% jump in its consolidated net profit for the quarter ended September 2021.

Its profit after tax (PAT) reached Rs 11.43 crore in Q2 FY22 compared to Rs 7.70 crore it registered in the similar quarter of the preceding year, the firm said in a BSE filing.

The firm's net consolidated total income reached Rs 100.08 crore in Q2 FY22, a drop of 8% from Rs 109.32 crore it recorded in a corresponding quarter past year

. Dhaval Ajmera, director of the firm, told the media that they are on the path of debt reduction. There are launches scheduled for three new projects in 2021.

A total of 1.3 million sq ft that covers the residential projects at Wadala & Ghatkopar in Mumbai and the residential-cum-commercial plan at Pune are ready for launch, while the residential property Nucleus in Bengaluru is estimated to be achieved in January next year. The firm is additionally in the final stages of a new procurement in Mumbai.

Image Source

Also read: Sobha Limited reports 198% jump in net profit at Rs 48.30 cr in Q2

Ajmera Realty & Infra India has registered a 48% jump in its consolidated net profit for the quarter ended September 2021. Its profit after tax (PAT) reached Rs 11.43 crore in Q2 FY22 compared to Rs 7.70 crore it registered in the similar quarter of the preceding year, the firm said in a BSE filing. The firm's net consolidated total income reached Rs 100.08 crore in Q2 FY22, a drop of 8% from Rs 109.32 crore it recorded in a corresponding quarter past year. Dhaval Ajmera, director of the firm, told the media that they are on the path of debt reduction. There are launches scheduled for three new projects in 2021. A total of 1.3 million sq ft that covers the residential projects at Wadala & Ghatkopar in Mumbai and the residential-cum-commercial plan at Pune are ready for launch, while the residential property Nucleus in Bengaluru is estimated to be achieved in January next year. The firm is additionally in the final stages of a new procurement in Mumbai. Image Source Also read: Sobha Limited reports 198% jump in net profit at Rs 48.30 cr in Q2

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement