Ajmera Realty & Infra India Limited has reported robust performance for Q3 FY25, achieving a sales value of ₹270 crores, marking a 7% year-on-year growth. This growth is attributed to the successful launch of the Ajmera Iris project in Bengaluru, which saw 47% of its inventory sold during the quarter. The company also recorded a significant 10% YoY increase in collections, amounting to ₹167 crores.
Sales area expanded by an impressive 59% YoY to 1,65,116 sq. ft, highlighting strong demand across its portfolio. The newly launched Ajmera Iris and Ajmera Vihara projects contributed significantly to the company’s sales, with Vihara achieving 61% sales during the nine-month period of FY25. This reflects the effectiveness of its project launches in driving growth.
Commenting on the Company’s operational performance for Q3 FY25, Mr. Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd, said, ” In Q3 FY25, Ajmera Realty delivered a steady performance, with sales driven by our recently launched portfolio and limited inventory availability across projects. The launched portfolio velocity contributed over 40% to our sales during the nine-month period, demonstrating our ability to align with market expectations. Looking ahead, we are optimistic about launching new projects in the upcoming quarter. The company is well-capitalized following the successful conclusion of its recent preference issue.
Ajmera Realty remains optimistic about launching new projects in the upcoming quarters, bolstered by a positive sectoral outlook, supported by the RBI’s stable repo rate and anticipated easing. As the company progresses through CY25, it aims to leverage improving macroeconomic conditions to sustain robust growth and achieve its guidance of fivefold expansion.
