10 Nov 2025

Puravankara Limited reported steady growth for the July-eptember 2025 quarter, with sales rising 4% year-on-year to INR 1,322 crore on 1.5 million sq. ft. sold and average realisation up 7% to INR 8,814 per sq. ft. Customer collections grew 8% to INR 1,047 crore, while total revenue jumped 28% to INR 663 crore. The company posted a quarterly net loss of INR 42 crore. Managing Director Ashish Puravankara said growth was driven by sustained sales and new project additions worth INR 9,100 crore GDV. Upcoming launches total 12.67 million sq. ft., including major projects in Bengaluru and Mumbai. Strong surplus levels and reduced debt costs reflect the firm's solid financial position and expansion focus.Read more

10 Nov 2025

Godrej Properties recorded a 21 per cent increase in consolidated net profit, reaching INR 402.99 crore in Q2 of this fiscal, compared to INR 333.79 crore in the previous year. The growth was driven by a rise in total income to INR 1,950.05 crore from INR 1,346.54 crore. As a major real estate developer in India, the company benefited from stronger sales and strategic project launches in urban markets. Analysts see the performance as a sign of the company's resilience and efficient management, reflecting its continued growth in both residential and commercial sectors.Read more

10 Nov 2025

Ajmera Realty & Infra India Ltd reported a 14% drop in consolidated net profit to INR 30.37 crore for the quarter ending September, down from INR 35.35 crore a year earlier. However, total income rose to INR 221.01 crore from INR 204.08 crore, reflecting steady revenue growth. The company's board also approved a stock split, dividing each INR 10 equity share into five shares of INR 2 each to improve liquidity and expand investor participation. Despite the dip in profit, Ajmera Realty remains a key player in India's real estate sector, continuing to strengthen its market presence through strategic financial and operational measures.Read more

09 Nov 2025

Odisha has announced a combined investment of over INR 46,000 crore to develop a new deep?water port at Bahuda in Ganjam district and a ship building and repair centre at the Mahanadi river mouth near Paradip. The projects include a world class cruise terminal in Puri and are expected to boost trade, tourism, and industry. Paradip Port, central to the state's maritime growth, has expanded cargo capacity from 71 million tonnes in 2015 to 150 million tonnes by 2025, with targets of 300-500 million tonnes under national maritime plans.Read more

09 Nov 2025

IRB InvIT Fund has completed the acquisition of three highway assets from IRB Infrastructure Trust, valued at around INR 8,436 crore. Supported by INR 4,250 crore in fresh investments from global and domestic investors, the deal expands the Fund�s footprint to Uttar Pradesh and Haryana, bringing its total portfolio to nine operational highway projects worth about INR 16,000 crore. The acquisition extends the average concession life from 14 to 17 years and marks IRB InvIT�s first major fundraising since its 2017 listing. The move strengthens the Fund�s long-term growth strategy, enhancing value for investors and reinforcing its leadership in India�s highway infrastructure sector.Read more

09 Nov 2025

Bajaj Housing Finance reported an 18% rise in net profit to INR 643 crore for the quarter ended September 2025, up from INR 546 crore a year earlier. Total income increased to INR 2,755 crore, while interest income grew to INR 2,614 crore, reflecting strong loan demand and portfolio expansion. Expenses rose to INR 1,922 crore due to higher operating and finance costs linked to business growth. The results underscore the company's solid financial position and steady performance in the mortgage segment, with rising profitability and healthy asset management pointing to sustained momentum for the remainder of the fiscal year.Read more

09 Nov 2025

Brigade Enterprises Ltd recorded a 12% year-on-year increase in sales bookings, reaching INR 2,034 crore during the July-September quarter of FY26, supported by healthy demand in its housing segment. The residential business contributed INR 1,795 crore, while commercial projects added INR 239 crore. The company also reported a 37% rise in consolidated net profit to INR 162.5 crore, alongside a 26% growth in total income. Management indicated that strong demand, new launches, and a positive business environment are expected to sustain the momentum in the second half of the fiscal year.Read more

08 Nov 2025

Mindspace Business Parks REIT reported a 26% year-on-year rise in net operating income to INR 634 crore for the July-September quarter, with a distribution of INR 355 crore to unitholder-up 16.3% from last year. CEO Ramesh Nair said leasing activity reached 0.8 million sq ft with strong rental growth and record occupancy of 94.6%. Including its recent Q-City acquisition, occupancy stood at 93.8%. Backed by low leverage and a solid balance sheet, the REIT plans to invest in development and acquisition opportunities. With 38.2 million sq ft of assets across key cities, Mindspace continues to deliver steady growth and investor returns.Read more

08 Nov 2025

Mufin Green Finance, a non-banking financial company (NBFC) specialising in electric mobility and clean energy financing, has raised INR 50 crore through a non-convertible debenture (NCD) issue, with InCred Capital Wealth Portfolio Managers as the investor. The NCDs carry an 11% coupon rate and mature in 15 months. The raised capital aims to strengthen the company�s lending base while diversifying its funding sources. About 90% of the funds will go toward medical premium financing, and the remaining 10% will be allocated to EV loans, battery financing, and solar panel installations.Read more

08 Nov 2025

Chalet Hotels reported a consolidated profit after tax of INR 154.81 crore for the quarter ending September 30, marking a strong turnaround from a loss of INR 138.51 crore in the same period last year. The company's revenue from operations rose 95% year-on-year to INR 735.3 crore. Managing Director and CEO Dr. Sanjay Sethi said the results highlight the strength of the company's diverse portfolio and operational discipline despite external challenges. The quarter also saw the debut of Chalet's premium lifestyle brand, ATHIVA Hotels & Resorts.Read more