Aditya Birla Real Estate (ABREL) announced a net loss of ₹27 crore in the first quarter of FY26, a significant decline from the net profit of ₹17.35 crore in the same period last year. The company also reported a drop in total income.
Aditya Birla Real EstateNet LossReal EstateFinancial PerformanceQ1 Fy26Real EstateJul 23, 2025
Aditya Birla Real Estate reported a net loss of ₹27.08 crore in Q1 FY26.
In the same period last year, Aditya Birla Real Estate posted a net profit of ₹17.35 crore.
The total income in Q1 FY26 was ₹157.41 crore, down from ₹365.24 crore in the corresponding period of the previous year.
The net loss can be attributed to increased costs and limited project completions in the real estate sector.
The company is focusing on cost optimization, strategic partnerships, and a focus on high-potential projects to improve its financial performance.
Four real estate developers booked for cheating customer in Pune's Marvel Bassilo project
The holy temples of Gangotri and Yamunotri, nestled in the Himalayas, will soon be closed for the winter season. Special decorations and ceremonies are planned before the closure to honor the deities and ensure the sanctity of the shrines.
Navi Mumbai's crime detection rate has seen a significant improvement from 74% in 2023 to 77% in 2024, as revealed by Police Commissioner Milind Bharambe. The police have also excelled in recovering stolen property and managing CCTNS data.
Donald Trump, known for his bold and unconventional deal-making, has found his perfect match—Steve Witkoff, a billionaire real estate investor and mediator who brings a subtle, yet effective approach to negotiations.
The National Company Law Tribunal (NCLT) has ruled that Jaiprakash Associates Limited (JAL) must be sold as a single unit, rejecting the proposal to divide its assets into eight clusters. This decision could have significant implications for the restructu
Prestige Estates Projects Limited, one of India's leading real estate developers, has announced a significant investment of ₹1,625 crore in its hospitality subsidiary through a rights issue. This strategic move aims to bolster the company's presence in the hospitality sector and capitalize on the growing demand for premium accommodations.