Arkade Developers’ Q1FY25 Revenue at Rs 125+ Cr

Mumbai, October 10, 2024: Arkade Developers Limited announced its financial results for the first quarter of FY25 on Friday. The company reported consolidated revenue of Rs 125.38 crore for Q1 FY25, a significant increase compared to Rs 61.77 crore in Q1 FY24 and Rs 122.89 crore in Q4 FY24. The consolidated profit before tax for Q1 FY25 stood at Rs 40.89 crore, up from Rs 9.43 crore in Q1 FY24 and Rs 25.22 crore in Q4 FY24. Meanwhile, the consolidated profit after tax for Q1 FY25 was Rs 30.22 crore, compared to Rs 6.58 crore in Q1 FY24 and Rs 19.61 crore in Q4 FY24.

Commenting on the Q1 FY25 results, Amit Jain, Chairman and Managing Director, Arkade Developers Limited, said, “India’s robust economy and proactive policies have positioned itself as a global leader. The Indian real estate market, particularly the luxury housing segment, has witnessed strong demand driven by urbanization and rising incomes. We are pleased to announce successful results for the quarter. We successfully launched Arkade Views & Vistas and have given possessions of over 380 homes to satisfied customers at Arkade Aspire and Arkade Crown in the last quarter. We are also preparing to launch Arkade Rare in Bhandup West and are expanding presence through strategic land acquisitions in MMR. Our promise to sustainable growth and creating value for all stakeholders remains constant”

Arkade Developers, a real estate developer, is listed on BSE and NSE, with over 38 years of experience in creating opulent residential properties.