Real Estate
HSBC Sees 26% Profit Drop to $15.8B Due to China and Real Estate Challenges
HSBC Holdings reports a 26% decline in profit, largely due to losses in China and deteriorating real estate conditions in Hong Kong. CEO Georges Elhedery outlines strategic shifts to navigate the tough economic landscape.
Real Estate Mumbai
Chalet Hotels Sees Revenue Surge but Profit Declines in FY25
Chalet Hotels Limited, a prominent hotel chain backed by K Raheja Corp, reported a 21.3% revenue increase in FY25. However, the company's profit took a hit due to higher expenses and tax adjustments. Key properties include the JW Marriott Mumbai and The Westin Mumbai.
Real Estate Mumbai
Godrej Properties Reports 19% Profit Drop in Q4 to Rs 382 Crore; Eyes Rs 2000 Crore Capital Raise
Godrej Properties, one of India's leading real estate developers, reported a 19% decline in profit for the quarter ending March 2023. The company is now planning to raise up to Rs 2000 crore to boost its future projects.
real estate news
Oberoi Realty Sees Profit Slump Despite Strong Luxury Real Estate Demand
Despite a robust demand in the luxury real estate sector, Oberoi Realty reports a significant drop in its Q4 PAT, raising concerns among investors.
Real Estate
Oberoi Realty Q4 Profit Declines 45% Amid Lower Income
Mumbai-based Oberoi Realty, a prominent real estate developer, saw its Q4 profit drop by 45% due to a decrease in income. Despite this, the company's total income rose to Rs 5,474.17 crore from Rs 4,818.77 crore.
Real Estate
Aditya Birla Real Estate Sees Profit Decline Amid Stock Performance Fluctuations
Amid concerns about debt servicing and high valuation, Aditya Birla Real Estate Ltd, a prominent player in the diversified real estate market, is facing a decline in profits.
Real Estate Mumbai
Keystone Realtors Sees Profit Slump in Real Estate Sector
Keystone Realtors, a prominent real estate developer since 1995, has reported a significant decline in net profit for the quarter ending December 31, 2024, reflecting the ongoing challenges in the Mumbai real estate market.
real estate news
Keystone Realtors Struggles with Profit Slump in Q3 2024
Keystone Realtors, a key player in the real estate sector, reports a significant dip in its net profit and total income for the quarter ending December 31, 2024. The company is facing tough market conditions but remains committed to expanding its project
Real Estate Maharashtra
Somany Ceramics Experiences a Significant 58.68% Drop in Net Profit for Q3 FY25
Somany Ceramics, one of the leading names in the ceramics industry, has reported a notable decline in its net profit for the third quarter of the fiscal year 2025. This significant drop has raised concerns among investors and industry analysts alike, prom
Real Estate
Prestige Estates Q3 Profit Slides 85%: Revenue Drops 7.9%
In the third quarter, Prestige Estates, one of India's leading real estate developers, reported a significant 85% decline in profit to ₹17.7 crore. Revenue also fell by 7.9%, landing at ₹1,654.50 crore compared to ₹1,795.80 crore in the same period last y
Real Estate Mumbai
Keystone Realtors Sees 45% Decline in Profit in Q1 FY25 Amidst Mumbai's Real Estate Market Shifts
Mumbai-based real estate developer Keystone Realtors reports a 45% decline in profit in Q1 FY25, despite growth in pre-sales and total income. The company explores new avenues, including plotted developments and data centers, to boost growth.
Real Estate Mumbai
Prestige Estates Projects Sees 13% Decline in Q1 Profit to Rs 232.6 Cr
Prestige Group, a leading real estate developer in India, reports a 13% drop in Q1 profit to Rs 232.6 crore due to increased expenses. The company's revenue, however, rose to Rs 2,024.5 crore in the April-June quarter of the 2024-25 fiscal year.
Real Estate
Prestige Estates Posts 12% Fall in Q1 Profit Amid Real Estate Slowdown
Real estate sector slowdown in approvals and project launches during election period affects Prestige Estates' Q1 results