AGI Infra Limited, a leading real estate developer, reported a strong financial performance for the third quarter of FY25, with consolidated net profit rising 27.8% year-on-year (YoY) to ₹19.06 crore, compared to ₹14.92 crore in Q3 FY24. The company’s revenue from operations stood at ₹91.41 crore, marking a 25% YoY increase from ₹72.78 crore in the same quarter last year.
The strong performance was driven by robust real estate sales and improved project execution. The company also reported an earnings per share (EPS) of ₹15.60, compared to ₹12.21 in the corresponding quarter of the previous fiscal year.
Key Financial Highlights (Q3 FY25 vs. Q3 FY24):
- Revenue from operations: ₹91.41 crore (up 25% from ₹72.78 crore)
- Net profit: ₹19.06 crore (up 27.8% from ₹14.92 crore)
- Total income: ₹93.93 crore (up 25.3% from ₹74.96 crore)
- Earnings per share (EPS): ₹15.60 (up from ₹12.21)
- Finance costs: ₹2.80 crore (up from ₹1.77 crore)
- Depreciation and amortization: ₹5.30 crore (up from ₹1.61 crore)
The company’s cost of materials consumed stood at ₹83.51 crore, reflecting an increase from ₹58.93 crore in Q3 FY24, highlighting continued investments in ongoing and new projects. Meanwhile, employee benefits expenses rose to ₹11.33 crore, up from ₹9.09 crore in the previous year.
Commenting on the results, Sukhdev Singh Khinda, Managing Director of AGI Infra Limited, stated:
“Our strong financial performance reflects the sustained demand for our real estate projects and our efficient project execution. We remain committed to delivering high-quality developments while maintaining strong financial discipline.”
Nine-Month Performance and Future Outlook
For the first nine months of FY25, AGI Infra reported a net profit of ₹50.92 crore, a 19.1% increase YoY, while total revenue stood at ₹248.53 crore, up 14.1% YoY. The company has reaffirmed its commitment to expanding its real estate portfolio while maintaining a stable financial position.
Looking ahead, AGI Infra aims to capitalize on the growing real estate demand in Punjab and other key markets, with plans to launch new projects and continue expansion efforts.
(This report is based on unaudited financial results as submitted by the company to stock exchanges.)
