Mumbai, India (October 10, 2024): Ajmera Realty & Infra India Ltd (ARIIL) has announced its financial performance for the second quarter of fiscal year 2025 (Q2FY25), reporting a stable sales value of Rs 254 crore and collections of Rs 133 crore. This represents a growth of 1% and 20% respectively compared to the same period last year.
Ajmera Realty’s diverse portfolio contributed to its consistent performance during Q2FY25, with strong sales across various projects. The luxury offerings, Ajmera Manhattan and Ajmera Prive, continued to attract significant interest from buyers. Additionally, Ajmera Vihara, a new launch in Bhandup, achieved 49% sales in its first phase, demonstrating strong market demand.
Collections rose significantly by 20% year-over-year (YoY) to Rs 133 crore, indicating improved operational efficiency and robust customer demand. Dhaval Ajmera, director of Ajmera Realty & Infra India Ltd, expressed satisfaction with the company’s performance, highlighting the success of Ajmera Vihara and the continued sales momentum of Ajmera Manhattan and Ajmera Prive. Ajmera Realty’s strategic approach, including pre-leased units at its commercial project Ajmera Nucleus in Bengaluru, also contributed to its sales performance. The company’s ability to meet market expectations and deliver quality projects has been a key factor in its success.
