Ajmera Realty posted a 20% YoY rise in Q1 profit at Rs 39 crore, with revenue hitting a five-year high of Rs 260 crore. Operating margins remained strong at 31%. Debt was reduced by 6%, and the company plans to launch nine projects with a GDV of Rs 6,460 crore.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets