Arvind SmartSpaces Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024
May 06, 2024 at 05:57 pm IST
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Arvind SmartSpaces Limited reported earnings results for the fourth quarter and full year ended March 31, 2024. For the fourth quarter, the company reported sales was INR 1,173.72 million compared to INR 926.83 million a year ago. Revenue was INR 1,201.08 million compared to INR 943.7 million a year ago. Net income was INR 154.94 million compared to INR 93.01 million a year ago. Basic earnings per share from continuing operations was INR 3.42 compared to INR 2.05 a year ago. Diluted earnings per share from continuing operations was INR 3.39 compared to INR 2.04 a year ago.
For the full year, sales was INR 3,411.77 million compared to INR 2,559.17 million a year ago. Revenue was INR 3,508.77 million compared to INR 2,632.5 million a year ago. Net income was INR 415.71 million compared to INR 256.08 million a year ago. Basic earnings per share from continuing operations was INR 9.17 compared to INR 5.83 a year ago. Diluted earnings per share from continuing operations was INR 9.09 compared to INR 5.63 a year ago.
Arvind SmartSpaces Limited is an India-based company, which is engaged in the development of real estate comprising of residential, commercial, and industrial projects. The Company is primarily in the residential segment of the Ahmedabad, Pune, and Bengaluru region. The Company's projects in Ahmedabad include Alcove, Citadel, Parishkaar, Megatrade, Megaestate, Megapark, and Aavishkaar. The Company's projects in Bengaluru include Skylands, Sporcia, Expansia, and Oasis. Its project in Pune is Elan. The Company's subsidiaries include Arvind Hebbal Homes Private Limited, Arvind Homes Private Limited, Arvind SmartHomes Private Limited, Ahmedabad East Infrastructure LLP, ASL Facilities Management LLP, Uplands Facilities Management LLP, Changodar Industrial Infrastructure (One) LLP, Arvind Beyond Five Club LLP, Arvind Infracon LLP, Ahmedabad Industrial Infrastructure (One) LLP, Arvind Five Homes LLP, Chirping Woods Homes LLP, Arvind Smart City LLP, and others.
ARVIND SMARTSPACES LIMITED 
