Arihant Reports Record Rs Four Billion Pre-Sales in FY25

31 May 2025 CW Team

Arihant Foundations and Housing Limited reported its highest-ever annual pre-sales of Rs 4 billion for the financial year 2024–25. Revenue rose to Rs 2.21 billion, a 63.1 per cent year-on-year increase. The company also recorded an annual Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of Rs 797.1 million, growing by 112.6 per cent over the previous year.

For the fourth quarter, revenue stood at Rs 744.4 million, up 37.7 per cent quarter-on-quarter and 56.9 per cent year-on-year. Profit After Tax (PAT) increased to Rs 114.7 million, registering a 1,174.4 per cent year-on-year rise. Sale realisation for the quarter reached Rs 13,422 per square foot.

The company successfully pre-leased 80,000 square feet of commercial office space and is preparing for new launches across commercial and residential segments in FY26.

Arihant, a Chennai-based real estate firm with over 20 million square feet of developed area, is known for pioneering high-rise developments and joint ventures in the city. Over 90 per cent of its projects have been executed through joint developments, supported by strong financial partnerships.

Source:
Arihant Foundations and Housing Limited

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..