Ajmera Realty's Sales Rise 8% in Fiscal Q4

MT Newswires Live04-10 17:37

Ajmera Realty & Infra India (NSE:AJMERA, BOM:513349) recorded an 8% growth in its sales to 2.70 billion Indian rupees in the fiscal fourth quarter ended March 31, from 2.50 billion Indian rupees a year ago, according to a Friday filing to the Indian stock exchanges.

Collections during the March quarter rose 74% year on year to 3.16 billion rupees from 1.82 billion rupees, the filing said.

During the full year ended March 31, the real estate developer achieved its highest-ever annual pre-sales of 17.0 billion Indian rupees, up 57% over the previous year.

Collections during the year jumped 71% year-on-year to 11.0 billion rupees.

The company's shares were up nearly 1% in recent trade.

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