Ajmera Realty & Infra India Ltd , engaged in providing residential and rented commercial properties in cities like Mumbai, Bengaluru, and Ahmedabad as well as international markets including Bahrain and the UK, reported a decline in profits for Q2FY26 despite revenue growth.
Financial Highlights:
- Revenues increased 9.5% year-on-year to ₹219 crore from ₹200 crore.
- Total expenses rose 12.58% to ₹179 crore from ₹159 crore.
- Consolidated net profit fell 13.89% to ₹31 crore from ₹36 crore.
- Earnings per share declined 20.98% to ₹7.72 from ₹9.77.
The profit decline was primarily due to rising expenses outpacing revenue growth, which impacted overall margins.
Outlook:
Ajmera Realty & Infra India Ltd is focused on optimizing cost structures, enhancing asset utilization, and expanding its real estate portfolio to improve profitability and sustain growth.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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