Shares of Aditya Birla Real Estate Limited dropped nearly 4% to ₹1,967.60 as of 1:30 PM on January 21, 2025, following the release of its Q3 FY25 consolidated financial results. The company reported a decline in revenue and profitability amid rising expenses and reduced operating income.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations (Sales):
₹946.21 crore, a 3.6% YoY decline from ₹982.04 crore in Q3 FY24. - Other Operating Income:
₹10.49 crore, significantly down from ₹88.21 crore in Q3 FY24. - Total Income:
₹961.32 crore, marking a 12.3% YoY decline from ₹1,095.90 crore in Q3 FY24. - Total Expenses:
Increased 8.1% YoY to ₹1,009.31 crore from ₹933.90 crore in Q3 FY24. - Net Profit (Loss):
Loss of ₹42.37 crore compared to a profit of ₹79.95 crore in Q3 FY24.
Nine-Month FY25 Performance (April-December):
- Revenue from Operations (Sales):
₹3,206.38 crore, down 10.1% YoY from ₹3,566.87 crore in FY24. - Total Income:
₹3,266.99 crore, a 9% decline YoY from ₹3,577.07 crore. - Net Profit:
₹40.02 crore, down from ₹60.38 crore during the corresponding period in FY24.
Operational Insights:
- Cost of Materials Consumed:
₹478.65 crore in Q3 FY25, down from ₹557.56 crore in Q3 FY24. - Employee Benefits Expense:
₹99.62 crore, up from ₹82.84 crore YoY. - Depreciation:
₹55.74 crore, stable compared to ₹53.32 crore in Q3 FY24.
Conclusion:
Aditya Birla Real Estate Limited reported declining sales and rising expenses, which significantly impacted its bottom line. The company recorded a net loss for the quarter, reflecting challenges in sustaining its growth trajectory. Moving forward, the focus is expected to shift towards cost control measures and revenue recovery to improve financial performance.
