Wed, Jan 22, 2025 9:23 AM
📢 Benchmark indices open on a positive note today; Nifty above 23,000
A Flip by Shubhangi Gupta
Reported Consolidated quarterly numbers for Aditya Birla Real Estate are:Net Sales at Rs 956.70 crore in December 2024 down 24.78% from Rs. 1,271.94 crore in December 2023.Quarterly Net Loss at Rs. 40.59 crore in December 2024 down 148.73% from Rs. 83.30 crore in December 2023.EBITDA stands at Rs. 17.39 crore in December 2024 down 91.48% from Rs. 204.02 crore in December 2023.
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Sunteck Realty reported strong pre-sales and collections in Q3, driven by its ability to market ultra-luxury projects and aggressive land acquisition in Mumbai. The company is expected to grow presales by 35% CAGR over FY24-27E, with a strong new launches pipeline and JV with IFC, supporting its 'Buy' rating with a target price of Rs. 700/share.
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Reported Consolidated quarterly numbers for Tata Technologies are: Net Sales at Rs 1,317.38 crore in December 2024 up 2.17% from Rs. 1,289.45 crore in December 2023. Quarterly Net Profit at Rs. 168.64 crore in December 2024 down 0.93% from Rs. 170.22 crore in December 2023. EBITDA stands at Rs. 261.64 crore in December 2024 down 2.1% from Rs. 267.25 crore in December 2023.
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