Ajmera Realty Q1 sales slump 65% YoY, but collections rise 42%

Ajmera Realty & Infra India Ltd posted a mixed operational performance for the quarter ended June 30, 2025.

Sales value dropped 65% year-on-year (YoY) to ₹108 crore, while carpet area sold fell 52% to 63,244 sq. ft due to project launch delays and limited inventory availability. On a sequential basis, sales value was down 57% from Q4 FY25.

However, the company’s collections rose 42% YoY to ₹234 crore and 29% sequentially, supported by sustained construction activity and cash inflows from ongoing projects.

The company attributed the dip in sales to regulatory bottlenecks affecting approvals for new launches. It expects momentum to pick up in the second half of FY26, with plans to deliver around 1,000 homes and fast-track execution across six residential projects in Mumbai and Bengaluru.

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“Our Q1 results reflect both strengths and sector-wide regulatory challenges. We’re pleased with the 42% growth in collections, despite delays in launches,” said Dhaval Ajmera, Director – Corporate Affairs.

Shares of Ajmera Realty closed 2.43% lower at ₹897.90 on the NSE on Friday.