News
Ajmera posts strong growth numbers
Ajmera Realty & Infra India Ltd on May 25 announced its Q4FY21 and FY21 financial results reporting strong growth numbers.
For the FY2021, the company has reported substantial growth in value of sales enhancing the company’s liquidity position. The increase is the result of ready-to-move-in homes with OC coupled with stamp duty concession and record low housing loan interest rate, said a press release.
The key regions of Mumbai, Bengaluru and Ahmedabad reported healthy numbers defying the industry challenges faced by the pandemic-affected world, it said.
According to the release, despite COVID-19 challenges during the entire financial year, the company has been able to achieve similar performance on key financial parameters for FY21:
- Revenues at Rs. 352 cr.
- EBITDA at Rs 101 cr.
- PBT at Rs. 41 cr.
- PAT at Rs. 31 cr.
The company’s total debt for the FY 2021 has reduced significantly ahead of its repayment schedule due to sales collection on robust sales.
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