Arvind SmartSpaces Ltd: Fivefold Profit Surge in Q3

Arvind SmartSpaces Ltd reported a significant increase in its consolidated net profit for Q3, reaching Rs 47.73 crore. This marks a fivefold jump from Rs 9.39 crore in the same period last year. The company's total income rose to Rs 215.47 crore, compared to Rs 86.42 crore previously.


Devdiscourse News Desk | New Delhi | Updated: 30-01-2025 17:10 IST | Created: 30-01-2025 17:10 IST
Arvind SmartSpaces Ltd: Fivefold Profit Surge in Q3
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Arvind SmartSpaces Ltd has seen a remarkable escalation in its financial performance, posting a fivefold rise in consolidated net profit for the third quarter, as revealed in a recent regulatory filing.

The company's net profit soared to Rs 47.73 crore for the December 2024 quarter, a significant leap from Rs 9.39 crore during the same period of the prior year.

This exceptional growth is driven by an increase in total income, which reached Rs 215.47 crore, a sharp rise from Rs 86.42 crore the previous year, as the company continues to expand its real estate presence in Ahmedabad, Gandhinagar, Bengaluru, and Pune.

(With inputs from agencies.)

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