January, 22 2025 Wednesday 09:46 Hrs
  • SENSEX :   76,054.70

  • Commodity broking firm in India216.34( 0.29%) 22-Jan-2025
top-arrow-market
Sensex 76232.15 393.79  (0.52) 22-Jan-2025
Previous Day Close
75838.36
Today's High/Low
High Low
  •  
  •  
76247.55 76001.95

Company News Details

Aditya Birla Real Estate Ltd
Industry :  Paper
BSE Code
ISIN Demat
Book Value()
500040
INE055A01016
401.5433435
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
ABREL
64.58
22059.34
EPS(TTM)
Face Value()
Div & Yield %
30.58
10
0.25
 

Aditya Birla Real Estate Ltd
AB Real Estate slides on posting dismal Q3 outcome
Jan 21,2025
Total income decreased 28.36% year on year (YoY) to Rs 961.32 crore in the third quarter of FY25.

During Q3 FY25, the firm recorded a pre-tax loss of Rs 47.99 crore as against profit before tax of Rs 162 crore in Q3 FY24.

On segmental front, revenue from pulp & paper business was Rs 741.86 crore (down 15.81% YoY) while real estate income stood at Rs 185.98 crore (up 116.58% YoY) during the period under review.

Total expenses spiked 8.07% YoY to Rs 1,009.31 crore in the December 2024 quarter.

Cost of materials consumed was Rs 478.65 crore (down 14.15% YoY), cost of land, construction and other related real estate development cost stood at Rs 120.36 crore (up 232.76% YoY) and employee benefits expense was at Rs 99.62 crore (up 20.26% YoY) during the period under review.

Aditya Birla Real Estate (formerly known as Century Textiles and Industries) is established in 1897. It has presence in cotton textiles, pulp & paper and real estate sectors.

Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.