Aditya Birla Real Estate Limited has released its consolidated financial results for Q3 FY25, revealing a mixed performance with a steady decline in revenue and profitability.
Key Financial Highlights (Q3 FY25):
- Revenue from Operations (Sales):
- ₹946.21 crore, compared to ₹982.04 crore in Q3 FY24, reflecting a 3.6% YoY decline.
- Other Operating Income:
- ₹10.49 crore, down from ₹88.21 crore in Q3 FY24.
- Total Income:
- ₹961.32 crore, compared to ₹1,095.90 crore in Q3 FY24, marking a 12.3% YoY decline.
- Expenses:
- Total expenses increased to ₹1,009.31 crore, up from ₹933.90 crore in Q3 FY24, indicating an 8.1% rise.
- 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, compared to ₹3,566.87 crore during the same period in FY24, a 10.1% decline.
- Total Income:
- ₹3,266.99 crore, down from ₹3,577.07 crore YoY.
- 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, compared to ₹557.56 crore in Q3 FY24.
- Employee Benefits:
- ₹99.62 crore, up from ₹82.84 crore YoY.
- Depreciation:
- ₹55.74 crore, remaining stable compared to ₹53.32 crore in Q3 FY24.
Conclusion:
Aditya Birla Real Estate faced challenges in maintaining its revenue growth, with sales witnessing a moderate decline YoY. Rising expenses and lower operating income contributed to the loss in profitability. The company is expected to focus on cost optimization and growth recovery in upcoming quarters to stabilize its financial performance.
