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Nila Infrastructures Ltd Q1FY24; 81% rise in Revenue

Nila Infrastructures Limited incorporated in 1990, is a flagship unit of the Ahmedabad based Sambhaav Group. The Company is involved in the construction of Affordable Housing Projects, and the development of various infrastructure. The company has its presence mostly in Gujarat and Rajasthan.

Financial Results:

Nila Infrastructures Ltd reported Revenues for Q1FY24 of ₹24.43 Crores up from ₹13.51 Crore year on year, a rise of 80.83%.

Total Expenses for Q1FY24 of ₹27.07 Crores up from ₹16.23 Crores year on year, a rise of 66.79%.

Consolidated Net Profit of ₹0.23 Crores from -₹0.46 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.01, from -₹0.01 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.

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