Emami Realty's Q4 Loss Surges 4-Fold, Revenue Plummets 76% in FY25

Emami Realty Limited, a prominent real estate firm, reported a significant decline in its financial performance for the March quarter (Q4 FY25), with a net loss increasing more than four times and revenue dropping by 76%.

Real EstateFinancial PerformanceEmami RealtyQuarterly ResultsRevenue DeclineReal EstateMay 22, 2025

Emami Realty's Q4 Loss Surges 4-Fold, Revenue Plummets 76% in FY25
Real Estate:Mumbai, May 22 (IANS) Emami Realty Limited, a well-known real estate firm, has reported a sharp fall in its financial performance for the March quarter (Q4 FY25). The company's consolidated net loss widened more than four times to Rs 79.68 crore, compared to a loss of Rs 19.47 crore in the previous quarter (Q3 FY25).

The loss also deepened on a year-on-year (YoY) basis, with the company posting an annual net loss of Rs 126.25 crore in FY25, slightly higher than the Rs 123.10 crore loss in FY24, according to its stock exchange filing.

Revenue from operations fell by 76.12 per cent to Rs 13.66 crore in Q4 FY25, down from Rs 57.22 crore in the preceding quarter. Compared to the same period last year (Q4 FY24), when revenue stood at Rs 17.45 crore, the decline was 21.72 per cent.

Total income of the company also saw a significant dip, falling 61.2 per cent to Rs 27.14 crore in Q4 FY25 from Rs 69.96 crore in Q3. Additionally, expenses continued to rise. Total expenses in Q4 climbed to Rs 112.16 crore, a 16.9 per cent increase from Rs 95.94 crore in Q3.

On a full financial year basis, expenses went up by 5.5 per cent, reaching Rs 282.16 crore in FY25 from Rs 267.44 crore in FY24. A major contributor to the rising costs was the project expenses, which jumped 78.12 per cent quarter-on-quarter (QoQ) to Rs 50.46 crore.

Other expenses also surged massively to Rs 66.44 crore in Q4, from just Rs 1.47 crore in the previous quarter — a staggering rise of over 4,420 per cent.

The company, which is a part of the Emami Group, develops residential, commercial, and mixed-use properties across Indian cities including Mumbai, Kolkata, Chennai, Bhubaneswar, and Jhansi.

Meanwhile, the Board of Directors at its meeting held on May 22 also approved the appointment of MKB and Associates, a Kolkata-based firm of Practicing Company Secretaries, as Secretarial Auditors for a period of five years starting FY 2025-26.

“The appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM),” the company said in its regulatory filing.

Frequently Asked Questions

What was Emami Realty's net loss in Q4 FY25?

Emami Realty's net loss in Q4 FY25 was Rs 79.68 crore.

How much did the revenue from operations decline in Q4 FY25?

Revenue from operations declined by 76.12 per cent to Rs 13.66 crore in Q4 FY25.

What was the percentage increase in total expenses in Q4 FY25?

Total expenses in Q4 FY25 increased by 16.9 per cent to Rs 112.16 crore.

Which cities does Emami Realty operate in?

Emami Realty operates in cities including Mumbai, Kolkata, Chennai, Bhubaneswar, and Jhansi.

What is the term of the appointment of MKB and Associates as Secretarial Auditors?

MKB and Associates has been appointed as Secretarial Auditors for a period of five years starting FY 2025-26, subject to shareholder approval.

Related News Articles

Atmosphere Living to Invest ₹500 Crore in India's Luxury Real Estate Market
real estate news

Atmosphere Living to Invest ₹500 Crore in India's Luxury Real Estate Market

Goa, Lonavala, Himachal Pradesh, Jaipur, and Mysore to witness luxury real estate boom

August 10, 2024
Read Article
Godrej Properties and Macrotech Developers Achieve Record Sales in Q1-Q2 of FY24
Real Estate Mumbai

Godrej Properties and Macrotech Developers Achieve Record Sales in Q1-Q2 of FY24

The combined sales bookings of Godrej Properties and Macrotech Developers, two leading Mumbai-based realty firms, have reached Rs 22,120 crore during April-September 2024, marking a 56% year-on-year growth. This surge is driven by strong demand for premiu

October 6, 2024
Read Article
Bengaluru Takes the Lead in Flex Office Space Deals
real estate news

Bengaluru Takes the Lead in Flex Office Space Deals

The Indian commercial real estate market has seen a significant rise in flex office space deals, with Bengaluru leading the way, accounting for 28% of the total transactions.

October 30, 2024
Read Article
Kering Completes 350 Million Euro Sale of The Mall Luxury Outlets to Simon
real estate news

Kering Completes 350 Million Euro Sale of The Mall Luxury Outlets to Simon

Kering has officially finalized the sale of its entire stake in The Mall Luxury Outlets to Simon, a prominent U.S.-based real estate investment trust, in a deal worth 350 million euros.

January 30, 2025
Read Article
Staffer of Harish Rao Among Three Held for Illegal Surveillance of Real Estate Agent
real estate news

Staffer of Harish Rao Among Three Held for Illegal Surveillance of Real Estate Agent

Police have arrested three individuals, including a staffer of Harish Rao, for allegedly conducting illegal surveillance on a real estate agent. Further investigation is in progress.

February 16, 2025
Read Article
Bhopal Sees 10% Increase in Housing Sales to 3,565 Units in 2024
Real Estate

Bhopal Sees 10% Increase in Housing Sales to 3,565 Units in 2024

The housing market in Bhopal has shown significant growth, with sales increasing by 10% to 3,565 units in 2024. This surge is attributed to a combination of favorable economic conditions, government incentives, and increased buyer confidence.

February 22, 2025
Read Article