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Ajmera Realty & Infra India (ARIIL) has reported a 21.79 percent increase in its net consolidated profit for the first quarter of fiscal year 2026, reaching INR 38.28 crore. The company's total income also rose by 32.36 percent. This growth is attributed to improved project execution, leading to a 42 percent rise in collections-its highest quarterly revenue in five years. Ajmera Realty also strategically reduced its overall debt by 6 percent, improving its debt-to-equity ratio. Despite regulatory delays for new projects, the company remains positive about launching nine new ventures with a combined gross development value of INR 6,460 crore.
Ajmera Realty & Infra India (ARIIL) has reported a notable increase in its net consolidated profit for the first quarter of fiscal year 2026. The company's profit reached INR 38.28 crore, marking a 21.79 percent rise from INR 31.43 crore in the same quarter of the previous fiscal year. Advertisement
The company's total consolidated income also saw a positive trend, increasing by 32.36 percent to INR 259.62 crore from INR 196.15 crore year-over-year.
Dhaval Ajmera, director-corporate affairs, attributed this growth to better project execution capabilities. He noted that this led to a 42 percent year-over-year increase in collections, which significantly boosted cash flows. This strong performance resulted in the company's highest quarterly revenue in five years.
Ajmera Realty also focused on strengthening its financial position. The company strategically reduced its overall debt by 6 percent to INR 619 crore in the first quarter of the current fiscal year. This included a 40 percent reduction in corporate debt. The company also managed to lower its weighted average cost of debt by 45 basis points compared to the previous fiscal year. Its debt-to-equity ratio improved to 0.50x.
In the first quarter of FY26, Ajmera Realty's sales volume stood at 63,244 square feet, generating a sales value of INR 108 crore. Collections increased to INR 234 crore from INR 165 crore in Q1 FY25.
Despite some regulatory delays for key projects, Ajmera Realty remains positive about its future plans. The company is looking to launch nine new projects with a combined gross development value of INR 6,460 crore, signaling its continued expansion in the real estate market.
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