Ajmera Realty Q2 Results: Profit Up 57% To Rs 35.35 Crore

Ajmera Realty & Infra India Limited on Monday reported a 57% increase in its consolidated net profit to Rs 35.35 crore in the September quarter. Its net profit stood at Rs 22.53 crore in the year-ago period.

Total income rose to Rs 204.12 crore in the second quarter of the current fiscal from Rs 147.59 crore in the corresponding period a year ago, according to a regulatory filing.

The company has raised Rs 225 crore from investors on preferential allotment basis.

Mumbai-based Ajmera Realty & Infra India is one of the leading real estate firms in the country.