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Net Profit Surges in October–December Quarter​

New Delhi, February 16: Ashiana Housing reported a fivefold jump in net profit to Rs 56.65 crore in the third quarter of the current fiscal, driven by a sharp rise in total income.

The real estate developer had posted a net profit of Rs 10.89 crore in the corresponding quarter of the previous year.

According to a regulatory filing, total income increased significantly to Rs 373.35 crore in the October–December period of this fiscal, compared with Rs 139.93 crore a year earlier. The substantial growth in income supported the strong improvement in profitability during the quarter.

Nine-Month Performance Shows Strong Turnaround​

For the April–December period of the 2025-26 fiscal, Ashiana Housing posted a net profit of Rs 96.91 crore, marking a sharp turnaround from a net loss of Rs 2.10 crore reported in the same period last year.

Total income during the first nine months of the fiscal rose to Rs 852.25 crore, up from Rs 327.97 crore in the corresponding period of the previous year. The rise in income underlines the company’s improved financial performance during the current fiscal.

Sales Bookings Decline Despite Profit Growth​

On the operational front, Ashiana Housing’s sales bookings declined during the quarter.

Sales bookings fell to Rs 397.03 crore in the third quarter from Rs 454.16 crore in the year-ago period.

During the April–December period of this fiscal, sales bookings stood at Rs 1,131.44 crore, compared to Rs 1,362.03 crore in the corresponding period last year.

Ashiana Housing, based in Delhi, is among the leading real estate developers in the country.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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