Ashiana Housing Q3 Profit Soars 300% to Rs 28 Crore
By Rediff Money Desk, NEWDELHI Feb 13, 2024 14:33
Ashiana Housing's consolidated profit after tax jumped over 300% to Rs 27.8 crore in Q3 FY23, driven by strong demand for residential properties.
![Ashiana Housing Q3 Profit Soars 300% to Rs 28 Crore](https://im.rediff.com/money/2017/jan/02realty.jpg)
New Delhi, Feb 13 (PTI) Realty firm Ashiana Housing has reported a more than three-fold jump in its consolidated profit after tax to Rs 27.8 crore for the quarter ended December on better income amid surge in demand for residential properties.
Its profit stood at Rs 9.05 crore in the year-ago period.
Total income rose to Rs 189.25 crore during the October-December period of this fiscal from Rs 135.31 crore in the corresponding period of the previous year, according to a regulatory filing on Monday.
Ashiana Housing's profit after tax increases sharply to Rs 66.02 crore during the April-December period of this fiscal year from Rs 17.50 crore in the year-ago period.
Total income increased to Rs. 669.56 crore in the first nine months of this fiscal from Rs 308.25 crore in the corresponding period of the previous year.
Delhi-based Ashiana Housing is one of the leading real estate firms in the country. It has a presence in Gurugram, Jaipur, Pune, Jamshedpur, Bhiwadi, Jodhpur and Chennai.
The company is mainly into the development of resident projects and focuses a lot on the senior living segment.
Its profit stood at Rs 9.05 crore in the year-ago period.
Total income rose to Rs 189.25 crore during the October-December period of this fiscal from Rs 135.31 crore in the corresponding period of the previous year, according to a regulatory filing on Monday.
Ashiana Housing's profit after tax increases sharply to Rs 66.02 crore during the April-December period of this fiscal year from Rs 17.50 crore in the year-ago period.
Total income increased to Rs. 669.56 crore in the first nine months of this fiscal from Rs 308.25 crore in the corresponding period of the previous year.
Delhi-based Ashiana Housing is one of the leading real estate firms in the country. It has a presence in Gurugram, Jaipur, Pune, Jamshedpur, Bhiwadi, Jodhpur and Chennai.
The company is mainly into the development of resident projects and focuses a lot on the senior living segment.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 17.90 ( -3.35)
- 166585989
- Alstone Textiles
- 0.75 (+ 8.70)
- 47681821
- GTL Infrastructure
- 3.27 (+ 4.81)
- 44040612
- Visagar Financial
- 0.91 (+ 12.35)
- 29755394
- YES Bank Ltd.
- 23.70 (+ 0.77)
- 22163699
MORE NEWS
![Air India Express...](https://im.rediff.com/80-80/money/2017/nov/21labour.jpg)
Air India Express Cabin Crew Union Alleges...
New Delhi, Jun 30 (PTI) Air India Express' cabin crew union has alleged unfair labour...
![Deutsche Bank to...](https://im.rediff.com/80-80/money/2020/dec/08rbi.jpg)
Deutsche Bank to Focus on Digital Growth in India
Mumbai, Jun 30 (PTI) German lender Deutsche Bank will be focussing on the digital...
![Skoda CEO: India...](https://im.rediff.com/80-80/money/2024/feb/28feb-skoda.jpg)
Skoda CEO: India Most Important Market Outside...
Prague, Jun 30 (PTI) Czech car maker Skoda is lining up new models, expanding sales...