Realty Firm Shines with Remarkable Performance and Debt Reduction in Q1 Results

Monday, 8 July 2024, 08:18

This post highlights the exceptional performance of a realty firm, showcasing a remarkable 300% increase post listing. The company recorded a substantial 255% Year-on-Year surge in Q1 pre-sales, coupled with a significant reduction of Rs 180 crore in net debt. The net debt decreased by 16% to Rs 980 crore by the end of Q1FY25 compared to Rs 1,160 crore in FY24, indicating a strong financial position and promising growth trajectory.
Businesstoday
Realty Firm Shines with Remarkable Performance and Debt Reduction in Q1 Results

Realty Firm's Impressive Growth:

The realty company experienced a massive 300% rise post listing.

Significant Pre-Sales Surge:

  • 255% Year-on-Year increase in Q1 pre-sales.

Net Debt Reduction:

  1. Net debt decreased by Rs 180 crore to Rs 980 crore in Q1FY25.
  2. 16% reduction compared to Rs 1,160 crore at the end of FY24.

The company's financial health is strengthened with this positive growth trajectory.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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