UP Government Grants Tax Exemption to DMRC, NCRTC

MahaRERA Hits 50,000 Agent Registrations in Eight Years

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has registered more than 50,000 real estate agents since its inception eight years ago, according to the latest data released by the authority. Of the 50,673 registered agents, 31,980 currently hold active registrations, while 18,693 have been deregistered due to non-compliance with training and certification norms.MahaRERA’s reach extends beyond Maharashtra, with agents from 150 cities across India—including New Delhi, Gurugram, Prayagraj, Hyderabad, Bengaluru, Goa, Ahmedabad, Patna, and Jammu—registered with the body.Mumbai le..

Innova Captab Reports Rs 12,437 Mn Revenue in FY25

Innova Captab Limited announced financial results for the quarter and fiscal year ended 31 March 2025. The company reported Q4 FY25 revenue from operations of Rs 3,147 million, reflecting 20 per cent year-on-year growth. Profit after tax stood at Rs 296 million, a 3 per cent increase.For the full year, revenue grew 15 per cent to Rs 12,437 million, led by volume growth across business segments. EBITDA rose 19 per cent to Rs 1,982 million, with margins improving to 15.9 per cent. Profit after tax increased 36 per cent to Rs 1,283 million.Managing Director Vinay Lohariwala highlighted the commis..

Redington Reports Rs 995,620 Mn Revenue in FY25

Redington Limited announced its financial results for the quarter and fiscal year ended 31 March 2025. The company reported Q4 FY25 consolidated revenues of Rs 265,100 million, an 18 per cent increase year-on-year, with net profit rising 23 per cent to Rs 4,000 million, excluding one-time divestment gains.For the full fiscal year, Redington recorded record consolidated revenues of Rs 995,620 million, up 11 per cent compared to the previous year. Consolidated profit after tax grew 10 per cent excluding divestment gains, reflecting sustained profitability.Broad-based growth was driven by Indiaâ€..