• Revenue from operations for Q3 FY25 stood at INR 544 crores, up 36% YoY; EBITDA for Q3 FY25 stood at INR 143 crores, up 45% YoY.
• PBT for Q3 FY25 grew 53% YoY to INR 132 crores; PAT in Q3 FY25 jumps by 55% YoY to INR 110 crores.
• 9M FY25 revenue, EBITDA, and PAT have exceeded the full-year performance of FY24, reflecting strong business momentum and sustained growth trajectory.
• The company continues to significantly reduce its debt; Net debt ending Q3 FY25 stood at INR 54 crores vs INR 96 crores in Q2 FY25.
• Data Center Expansion: Operationalized 6 MW IT load data center at Manesar, with an additional 15 MW at Manesar and 7 MW at Panchkula on track, bringing the total capacity to 28 MW IT Load.
• Successfully launched Bharat’s own sovereign cloud platform, ‘Ashok Cloud,’ on 0.5 MW IT Load in collaboration with Orange Business, initially offering Infrastructure as a Service (IaaS). With plans to expand cloud infrastructure, including IaaS and colocation services, the company remains well-positioned to capitalize on the growing demand for data centers driven by AI advancements, data localization, and India’s under-penetrated data infrastructure market.
• Construction for The Estate Residences (Group Housing 1) has begun; work is progressing at full swing.
• Construction has already commenced in Anant Raj Ashray – 2, Tirupati and is progressing at full speed, staying on track for timely delivery.
• Handover process for Birla Navya Phase 1 commenced.
• New version of Independent Floors, branded as The Estate Apartments, is in advanced stage for launch in Q4FY25. The sample apartment is ready, and soft discussions are already underway in the market.
• The approval process for the recently acquired 11.35 acres is in its advanced stage, with the Letter of Intent for land conversion already received.
• Building plans for Birla Navya Phase 4 have been approved, RERA application has been submitted, and the project is expected to be launched in Q4FY25.