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.
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