Ajmera Realty & Infra India reported a 49% rise in Q1 net profit to Rs 31.43 cr, driven by strong sales and collection efficiency. Read more.
Photograph: Shailesh Andrade/Reuters
New Delhi, Aug 8 (PTI) Ajmera Realty & Infra India on Thursday reported a 49 per cent increase in its consolidated net profit to Rs 31.43 crore for the quarter ending June.
Its profit stood at Rs 21.07 crore in the year-ago period.
Total income rose to Rs 196.15 crore in the April-June period of this fiscal from Rs 117.57 crore in the corresponding period of the previous year, according to a regulatory filing.
Dhaval Ajmera, Director of Ajmera Realty & Infra India, said the company continued its robust growth momentum with a stellar performance across all financial metrics, driven by strong sales growth and excellent collection efficiencies across all projects.
This growth trajectory is a testament to the company's coveted launch pipeline and paves the way further towards full-year guidance, he said.
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