Ajmera Realty & Infra India Q4 Results: Net profit rises 8% YoY to Rs 15 crore

Ajmera Realty & Infra India recorded a 58% rise in net profit at INR 72 crore for the financial year ending in March 2023, with an operating profit rise of 9% to INR 134 crore. The company’s sales volume increased by 50% to over 370,000 sq ft, with a sales value growth of 95% to INR 842 crore, while collections rose by 35% to INR 532 crore. Despite a 10% decline in total revenue to INR 441 crore, the company’s operating margin rose by 534 basis points to 30%