Ashiana Housing Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 12, 2024 at 07:05 am EST
Share
Ashiana Housing Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 1,841.2 million compared to INR 1,276.5 million a year ago. Revenue was INR 1,892.5 million compared to INR 1,353.1 million a year ago. Net income was INR 278 million compared to INR 90.5 million a year ago. Basic earnings per share from continuing operations was INR 2.78 compared to INR 0.91 a year ago. Diluted earnings per share from continuing operations was INR 2.78 compared to INR 0.91 a year ago.
For the nine months, sales was INR 6,473.8 million compared to INR 2,910.8 million a year ago. Revenue was INR 6,695.6 million compared to INR 3,082.5 million a year ago. Net income was INR 660.2 million compared to INR 175 million a year ago. Basic earnings per share from continuing operations was INR 6.6 compared to INR 1.79 a year ago. Diluted earnings per share from continuing operations was INR 6.6 compared to INR 1.79 a year ago.
Ashiana Housing Limited is an India-based company. The principal business activity of the Company is Real Estate Development. The Company has its presence in the states of Rajasthan, Jharkhand, Maharashtra, Haryana, West Bengal, Gujarat and Tamil Nadu. The Companyâs premium homes projects include Ashiana Tarang, Vrinda Garden, Ashiana Amantran, Ashiana Ekansh, Ashiana Sehar, Ashiana Prakriti, Ashiana Dwarka and Ashiana Malhar. The Company's senior living projects include Ashiana Nirmay, Ashiana Advik, Ashiana Shubham, Ashiana Utsav and Ashiana Amodh. The Companyâs kid centric homes projects include Ashiana Town, Amarah By Ashiana, Ashiana Umang, Ashiana Anmol. The Company's subsidiaries include Ashiana Maintenance Services LLP, Latest Developers Advisory Ltd, Topwell Projects Consultants Ltd. and Ashiana Amar Developers.