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Aditya Birla Real Estate Limited (ABREL) reported a loss (attributable to owners of the company) of ₹38.55 crore for the first quarter of the fiscal year 2027 (Q1 FY27), compared with a loss of ₹25.47 crore in Q1 FY26.
The Mumbai-based firm’s revenue (from operations) during the quarter stood at ₹188.85 crore, up 29.74 per cent year-on-year (YoY). Its total expenses stood at ₹287.34 crore, up 38.11 per cent YoY, driven by a 3.66-times jump in finance costs and a 61.46 per cent increase in other expenditure.
ABREL’s bookings during the quarter under review stood at ₹329 crore, down 22.13 per cent YoY. Its collections, however, grew 31 per cent YoY to ₹713 crore.
ABREL’s net leasing income from its commercial real estate assets grew 27 per cent YoY to ₹34.8 crore.
The company’s net debt as of June 2026 was ₹3,438 crore.
ABREL’s current portfolio includes projects with a revenue potential of ₹73,900 crore across the Mumbai metropolitan region (MMR), Pune, Bengaluru, and the National Capital Region (NCR).
The company, on Thursday, announced that its wholly-owned subsidiary, Birla Estates, entered the Navi Mumbai market with the redevelopment of a housing society in Vashi, undertaken jointly with an affiliate of Priyanka Group, a Navi Mumbai-based developer. The project has a total revenue potential of approximately ₹2,600 crore.
Earlier this month, ABREL completed the sale and transfer of its pulp and paper undertaking, which operated under the name of ‘Century Pulp and Paper’, to ITC.
The transaction was structured as a slump sale for ₹3,498 crore, subject to adjustments. The company noted that the deal is a strategic portfolio realignment to focus on real estate, enhance capital allocation and operational clarity, and unlock long-term shareholder value.
Additionally, quarter-on-quarter (QoQ), ABREL’s revenue increased 128.60 per cent. Its profit in Q4 FY26 stood at ₹10.84 crore.
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