{"id":164460,"date":"2024-09-20T08:59:47","date_gmt":"2024-09-20T12:59:47","guid":{"rendered":"https:\/\/44.250.171.167\/?p=164460"},"modified":"2024-09-20T08:59:49","modified_gmt":"2024-09-20T12:59:49","slug":"arvind-smartspaces-ltd-q1fy24-23-rise-in-profits-2","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-ltd-q1fy24-23-rise-in-profits-2\/","title":{"rendered":"Arvind SmartSpaces Ltd Q1FY24; 23% rise in Profits"},"content":{"rendered":"\n<p>Arvind SmartSpaces Ltd was incorporated as &#8220;Arvind Infrastructure Limited&#8221; in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate\/infrastructure development business. Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL is currently executing 9 projects through its own land, JVs and Joint Development model. ASL has also successfully executed 9 projects to date.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Arvind SmartSpaces Ltd reported Revenues for Q1FY24 of \u20b966.84 Crores up from \u20b960.26 Crore year on year, a rise of 10.92%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b955.99 Crores up from \u20b951.69 Crores year on year, a rise of 8.32%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b99.10 Crores up 23.14% from \u20b97.39 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b91.77, up 3.51% from \u20b91.71 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79-839x1024.png\" alt=\"\" class=\"wp-image-164461\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Arvind SmartSpaces Ltd was incorporated as &#8220;Arvind Infrastructure Limited&#8221; in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate\/infrastructure development business. Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL is currently executing 9 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":164461,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,11809],"tags":[12307,8892,14007],"class_list":["post-164460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-realty","tag-infrastructure-management","tag-real-estate","tag-smartspace"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-79.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150827,"url":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-ltd-q1fy24-23-rise-in-profits\/","url_meta":{"origin":164460,"position":0},"title":"Arvind SmartSpaces Ltd Q1FY24; 23% rise in Profits.","author":"Divyansh_Kasana","date":"August 2, 2023","format":false,"excerpt":"Arvind Smarspaces Ltd was incorporated as \"Arvind Infrastructure Limited\" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate\/infrastructure development business.Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-56.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":164484,"url":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-ltd-q4fy24-86-rise-in-profits\/","url_meta":{"origin":164460,"position":1},"title":"Arvind SmartSpaces Ltd Q4FY24; 86% rise in Profits","author":"Divyansh_Kasana","date":"September 23, 2024","format":false,"excerpt":"Arvind Smarspaces Ltd was incorporated as \"Arvind Infrastructure Limited\" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate\/infrastructure development business.Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/09\/image-87.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156129,"url":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-ltd-q2fy24-120-rise-in-profits\/","url_meta":{"origin":164460,"position":2},"title":"Arvind SmartSpaces Ltd Q2FY24; 120% rise in Profits","author":"Divyansh_Kasana","date":"November 13, 2023","format":false,"excerpt":"Arvind Smarspaces Ltd was incorporated as \"Arvind Infrastructure Limited\" in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The company was incorporated with the objective of doing a real estate\/infrastructure development business.Arvind Smartspaces is the real estate arm of the Lalbhai Group, a $2 billion dollar conglomerate. ASL\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-166.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":147600,"url":"https:\/\/alphastreet.com\/india\/earnings-arvind-smartspaces-ltd-nse-arvsmart-q4fy23-results-out-total-income-fell-43-yoy\/","url_meta":{"origin":164460,"position":3},"title":"Earnings | Arvind Smartspaces Ltd (NSE: ARVSMART): Q4FY23 Results Out; Total Income fell 43% YoY.","author":"Divyansh_Kasana","date":"May 30, 2023","format":false,"excerpt":"Arvind Smartspaces Ltd, initially known as \"Arvind Infrastructure Limited,\" was established in 2008 in Ahmedabad as a wholly-owned subsidiary of Arvind Limited. The primary aim of the company was to engage in real estate and infrastructure development. As the real estate arm of the Lalbhai Group, a prominent conglomerate valued\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-8-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170660,"url":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-q1-fy26-earnings-results\/","url_meta":{"origin":164460,"position":4},"title":"Arvind SmartSpaces Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 27, 2025","format":false,"excerpt":"Arvind SmartSpaces Ltd, established in 2008 in Ahmedabad as the real estate arm of the Lalbhai Group, is focused on real estate and infrastructure development, currently executing and managing projects through various models including joint ventures and development partnerships. Presenting below its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"ARVSMART Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/ARVSMART.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":180356,"url":"https:\/\/alphastreet.com\/india\/arvind-smartspaces-limited-posts-strong-q3-fy26-bookings-operating-cash-flows-surge\/","url_meta":{"origin":164460,"position":5},"title":"Arvind SmartSpaces Limited posts strong Q3 FY26 bookings; operating cash flows surge","author":"Staff Correspondent","date":"February 11, 2026","format":false,"excerpt":"Arvind SmartSpaces Limited (NSE: ARVSMART, BSE: 539301) reported higher sales momentum and cash collections in the December quarter, even as reported revenue and profitability declined due to the timing of revenue recognition, according to the company\u2019s Q3 & 9M FY26 information update released on Feb. 10, 2026. Key Q3 FY26\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/164460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=164460"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/164460\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/164461"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=164460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=164460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=164460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}