Arvind SmartSpaces Q4 profit jumps over 2-fold to Rs 42 cr
Arvind SmartSpaces Ltd reported a more than two-fold jump in consolidated net profit at Rs 42.31 crore for the quarter ended March, despite a decline in total income.
Realty firm Arvind SmartSpaces Ltd has reported a more than two-fold jump in consolidated net profit at Rs 42.31 crore for the quarter ended March.
Its profit stood at Rs 19.14 crore in the year-ago period.
Total income fell to Rs 163.53 crore during the fourth quarter of 2025-26 fiscal year from Rs 174.14 crore a year ago, according to a regulatory filing on Wednesday.
During 2025-26 fiscal, the company's profit slipped to Rs 96.44 crore from 110.49 crore in the preceding year. Total income fell to Rs 584.47 crore from Rs 736.11 crore.
The board also approved a proposal to raise funds by way of issuance of debt securities on private placement basis up to Rs 300 crore.
Arvind SmartSapces is one of the leading real estate development companies in the country.
Established in 2008, Arvind SmartSpaces, a part of Gujarat-based Lalbhai Group, has a portfolio of 111.4 million square feet area.
The company has real estate developments across Ahmedabad, Gandhinagar, Baroda, Bengaluru, Mumbai Metropolitan Region (MMR) and Pune.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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