Aditya Birla Real Estate Reports Rs 27 Crore Loss in Q1, Income Plummets 55%
Mumbai: Aditya Birla Real Estate Limited (ABREL) has announced a net loss of Rs 27.08 crore for the first quarter of the current financial year (Q1 FY26). This is a significant reversal from the Rs 17.35 crore profit the company reported during the same period in the previous fiscal year, according to its regulatory filing.
The company’s total income saw a substantial decline of 56.9% to Rs 157.41 crore in Q1 FY26, down from Rs 365.24 crore in the April–June quarter of FY25. This sharp drop in income reflects the challenging market conditions and the company's ongoing business restructuring efforts.
During the quarter, ABREL reported a loss of Rs 47.30 crore from continued operations, while it managed to register a profit of Rs 20.22 crore from discontinued operations. The company recently exited its pulp and paper business, which was previously operated under the Century Pulp and Paper division, as part of its broader restructuring strategy.
ABREL, formerly known as Century Textiles and Industries Limited, has also announced plans to raise up to Rs 1,500 crore through secured or unsecured rupee term loans. The fundraising is aimed at refinancing existing debts linked to capital expenditure for the now-sold pulp and paper division. This move is expected to help in releasing charges or encumbrances on the assets of that division, which is being sold to ITC.
On the stock market front, Aditya Birla Real Estate shares have seen a 16% decline in the past one month and are down 20% year-to-date (YTD). The stock has fallen 24.85% over the past year. However, over a longer period, the company has delivered strong returns, rising 150% in the last three years and delivering multi-bagger gains of 560% over five years.
At the closing bell, the company’s shares were at Rs 2,019, down 5.51% or Rs 117.8 on the National Stock Exchange (NSE) following the announcement of its Q1 results. Despite the recent downturn, the company remains committed to its long-term growth and restructuring plans, aiming to position itself strongly in the real estate market.
