Overview
- The firm will launch 25 residential projects across Bengaluru, Chennai, Hyderabad, Mumbai, Delhi-NCR and Goa, covering 44.8 million sq ft with a gross development value of Rs 42,120 crore.
- Regulatory approval delays in FY25 limited new launches and contributed to a 19% fall in sales bookings to Rs 17,023.1 crore.
- Net profit tumbled to Rs 467.5 crore and total income fell to Rs 7,735.5 crore in FY25.
- Average realizations for apartments, villas and commercial units climbed 36% year-on-year to Rs 14,113 per sq ft.
- Jefferies and Morgan Stanley forecast growth driven by a robust pre-sales pipeline and enhanced operating efficiencies.