Valor Estate Posts Rs 11.33 Billion Revenue in FY25

31 May 2025 CW Team

Valor Estate Limited (formerly DB Realty Limited) reported a revenue of Rs 11.33 billion for the financial year ended 31st March 2025, up 217 per cent from Rs 3.57 billion in FY24. This surge was driven by real estate income of Rs 7.66 billion, primarily from the TEN BKC project, which contributed Rs 5.35 billion in Q4FY25 alone following a partial occupancy certificate.

The company also completed the sale of a non-core asset worth Rs 2.73 billion and announced a strategic commercial development at Sahar with Prestige Estates Projects Limited. This 1.5 million square foot project carries a Gross Development Value of Rs 45 billion, with both partners holding equal economic interest.

In hospitality, VEL earned Rs 1.08 billion in FY25, with an EBITDA of Rs 543.1 million in Q4FY25. The Hilton Mumbai reported a 92 per cent occupancy, while Grand Hyatt Goa recorded 81 per cent.

VEL is in the final stages of demerging its hospitality business into Advent Hotels International Private Limited. The company maintained a debt-to-equity ratio of 0.30:1, including hospitality loans, highlighting its capital-efficient approach.

Source:Valor Estate Limited

Infrastructure Urban

05 Sep 2025

List of Fastest Growing Construction Companies in India released! MMRDA, MMRCL Leaders reveal MMR transformation plan at India Construction Festival

Mumbai Metro Line 3 is all set to start,” said Ashwini Bhide, Principal Secretary to the Chief Minister of Maharashtra and Managing Director, Mumbai Metro Rail Corporation (MMRC), during her fireside chat with Pratap Padode, Founder, ASAPP Info Global Group & Author of Tarmac to Towers – India’s Infrastructure Story at the 23rd Construction World Global Awards (CWGA) 2025. Her announcement and the journey that she elaborated in course of completing this project, struck a chord with the audience, resonating with what Dr Sanjay Mukherjee, Commissioner of the Mumbai Metropolitan Region ..

Hindustan Zinc Cuts Freshwater Use by 28%, Saves 71 Billion Litres

Hindustan Zinc, India’s only and the world’s largest integrated zinc producer, has reduced its freshwater use by 28 per cent over the past decade, recycling 71 billion litres of treated sewage water between FY2016 and FY2025. This volume could meet Udaipur’s water needs for more than 500 days. Operating in water-stressed Rajasthan, the company has achieved 3.32 times water positivity by treating and reusing all process water in operations. In partnership with the Government of Rajasthan, Hindustan Zinc pioneered Udaipur’s first Sewage Treatment Plant (STP) in 2014 under a PPP mode..

Atlassian Expands India Presence with New R&D Centre in Bengaluru

Atlassian, a leading provider of team collaboration and productivity software including Jira, Confluence, and Loom, announced the opening of its new R&D Centre in Bengaluru. Spanning over 2 lakh sq ft, the facility is four times larger than its previous office and designed to accommodate more than 1,000 employees, reinforcing India’s position as a strategic hub for the company’s global R&D efforts. Since entering India in 2018 with a 60-member team, Atlassian has grown to employ over 2,500 people, its largest workforce outside Australia and the US. Nearly 75 per cent of its In..