Ajmera Realty?s Q2 sales value plunges 69% YoY

Ajmera Realty & Infra India declined 69% to Rs 224 crore in Q2 FY27, compared with Rs 720 crore in Q2 FY26.

Collections fell 14% to Rs 190 crore during the quarter from Rs 220 crore in the corresponding quarter last year, while carpet area sold declined 68% to 72,883 square feet from 2,29,772 square feet.

For H1 FY27, the company reported pre-sales of Rs 370 crore, down 55% from Rs 828 crore in H1 FY26. Collections declined 20% to Rs 363 crore from Rs 454 crore, while carpet area sold fell 60% to 1,16,620 square feet from 2,93,016 square feet.

During Q2 FY27, the company's completed project, Ajmera Prive, became fully sold out, reflecting customer demand across its ongoing projects.

Dhaval Ajmera, director - corporate affairs, Ajmera Realty & Infra India, said the company was progressing with approval processes for upcoming projects and remained optimistic about stronger performance in the second half of FY27, supported by its launch pipeline, customer traction and disciplined execution.

Ajmera Realty & Infra India has a PAN India presence along with an international presence. The company is focused on premium developments in luxury and mid-luxury projects in the residential segment. The company has a huge development potential available on its balance land parcel at Ajmera I-Land, Bhakti Park, Wadala, and Central Mumbai.

The company?s consolidated net profit rose 12.49% to Rs 43.06 crore on 22.65% increase in revenue from operations to Rs 316.97 crore in Q1 FY27 over Q1 FY26.

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