Thu, Feb 1, 2024 10:59 AM
Hit by high prices, India’s gold demand lost shine in 2023
A Flip by Shubhangi Gupta
Reported Consolidated quarterly numbers for Frog Cellsat are: Net Sales at Rs 91.15 crore in December 2024 up 104% from Rs. 44.68 crore in December 2023. Quarterly Net Profit at Rs. 15.25 crore in December 2024 up 431.55% from Rs. 2.87 crore in December 2023. EBITDA stands at Rs. 21.85 crore in December 2024 up 367.88% from Rs. 4.67 crore in December 2023.
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Reported Consolidated quarterly numbers for Aditya Birla Real Estate are:Net Sales at Rs 956.70 crore in December 2024 down 24.78% from Rs. 1,271.94 crore in December 2023.Quarterly Net Loss at Rs. 40.59 crore in December 2024 down 148.73% from Rs. 83.30 crore in December 2023.EBITDA stands at Rs. 17.39 crore in December 2024 down 91.48% from Rs. 204.02 crore in December 2023.
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Sunteck Realty reported strong pre-sales and collections in Q3, driven by its ability to market ultra-luxury projects and aggressive land acquisition in Mumbai. The company is expected to grow presales by 35% CAGR over FY24-27E, with a strong new launches pipeline and JV with IFC, supporting its 'Buy' rating with a target price of Rs. 700/share.
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