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Total income decreased 28.36% year on year (YoY) to Rs 961.32 crore in the third quarter of FY25.
During Q3 FY25, the firm recorded a pre-tax loss of Rs 47.99 crore as against profit before tax of Rs 162 crore in Q3 FY24.
On segmental front, revenue from pulp & paper business was Rs 741.86 crore (down 15.81% YoY) while real estate income stood at Rs 185.98 crore (up 116.58% YoY) during the period under review.
Total expenses spiked 8.07% YoY to Rs 1,009.31 crore in the December 2024 quarter.
Cost of materials consumed was Rs 478.65 crore (down 14.15% YoY), cost of land, construction and other related real estate development cost stood at Rs 120.36 crore (up 232.76% YoY) and employee benefits expense was at Rs 99.62 crore (up 20.26% YoY) during the period under review.
Aditya Birla Real Estate (formerly known as Century Textiles and Industries) is established in 1897. It has presence in cotton textiles, pulp & paper and real estate sectors.
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