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Arihant Superstructures Ltd Q1FY24; 45% rise in Profits

Arihant Superstructures is a real estate company focusing on the affordable housing segment with a significant presence in the MMR region and Rajasthan. It has delivered 9,500+ homes measuring 8 Mn Sqft across 59 projects over the past 2 decades.

Financial Results:

Arihant Superstructures Ltd reported Revenues for Q1FY24 of ₹121.00 Crores up from ₹89.00 Crore year on year, a rise of 35.96%.

Total Expenses for Q1FY24 of ₹103.00 Crores up from ₹76.00 Crores year on year, a rise of 35.53%.

Consolidated Net Profit of ₹16.00 Crores up 45.45% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.79, up 45.77% from ₹2.60 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Real Estate
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