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Aditya Birla Real Estate Posts Q2 Profit of Rs 2.82 Crore, Marking Strong Recovery; Find Details Inside

Aditya Birla Real Estate posted Q2 Results with a net profit of Rs 2.82 crore for Q2 2024-25, rebounding from a net loss of Rs 32.87 crore in the previous year.

Aditya Birla Real Estate Ltd reported a consolidated net profit of Rs 2.82 crore for the second quarter of the 2024-25 fiscal year, a significant turnaround from a net loss of Rs 32.87 crore in the same quarter last year. This improvement is attributed to increased income, showcasing the company’s recovery in the real estate market.

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The company’s total income surged to Rs 1,138.08 crore during the July-September period, up from Rs 873.70 crore in the corresponding period of the previous year. This represents a robust year-on-year revenue growth of 31%, indicating strong performance amid rising demand in the real estate sector.

EBITDA also saw substantial growth, climbing 60% to reach Rs 88 crore, compared to Rs 55 crore in the previous year. The EBITDA margin improved to 7.8%, up from 6.4%, demonstrating enhanced cost management and operational efficiency.

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Aditya Birla Real Estate, previously known as Century Textiles and Industries Ltd, remains a key player in the Indian real estate market, focusing on both residential and commercial developments. The company is well-positioned to capitalize on ongoing growth opportunities in the sector.

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Additionally, the board approved the appointment of Sukanya Kripalu as an Independent Director for a five-year term starting October 30, 2024.

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