Earnings | Ajmera Realty and Infra Limited (NSE: AJMERA): Q4FY23 Results Out; Total Income fell 35% YoY.

Ajmera Realty and Infra Limited is a real estate company established in 1985, primarily focusing on providing residential and rented commercial properties. The company operates in various cities in India such as Mumbai, Bengaluru, and Ahmedabad, and has a global presence in countries like Bahrain and the UK. With a commitment to quality and innovation, the company has established itself as a trusted name in the real estate industry. Ajmera Realty and Infra Limited’s diverse portfolio of projects includes luxury apartments, affordable housing, and commercial spaces. With its strong reputation and presence, the company is poised to continue its growth and success in the real estate sector.

• Ajmera Realty and Infra Limited reported Total Income for Q4 FY23 of ₹118 Crore down from ₹183 Crore year on year, a negative growth of 35%.
• Total Expenses for Q4 FY23 of ₹98 Crore down from ₹164 Crore year on year, a negative growth of 40%.
• Consolidated Net Profit of ₹15 Crore, up 7% from ₹14 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹4.32, up 10% from ₹3.90 in the same quarter of the previous year.