Art Nirman Q1 Results Reports Net Profit of ₹40.71 Lakh and Earnings Per Share of ₹0.16

In the first quarter of the 2024-2025 financial year, Art Nirman Ltd (ANL) released its financial results for the period ending June 30, 2024. The company's revenue from operations was ₹550 lakh, with total income reaching ₹557.77 lakh.

ANL reported a profit before tax of ₹40.71 lakh, and after accounting for tax expenses, the net profit for the period also stood at ₹40.71 lakh. This indicates a stable and positive start to the year for the company.

The board of directors reviewed these results during their meeting on August 14, 2024, at ANL's registered office in Ahmedabad. They approved the unaudited financial statements, highlighting that the company’s financial performance in Q1 was robust.

The consistent profit figures reflect effective cost management and strong operational performance, suggesting that ANL is well-positioned for continued success in the real estate sector as the year progresses.

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Art Nirman Q1 Results 2024 - 2025

Here is a summary of Art Nirman Ltd's financial performance for the first quarter of the 2024-2025 financial year. The table below provides key figures from the company's unaudited financial results for the period ending June 30, 2024:

Source: Click Here

Art Nirman Current Market Overview

Art Nirman Ltd's current market overview shows the company's stock trading at ₹67.2, down by 3.78%. The company's market value is ₹168 crore. Over its trading history, the stock has fluctuated between ₹45.7 and ₹97.7.

With a high price-to-earnings ratio of 121 and a book value of ₹14.1, the stock does not offer a dividend yield. The company's return on capital employed (ROCE) is 4.57%, and its return on equity (ROE) is 3.40%. The face value of the stock is ₹10.0.

Quarterly Results

Here are the quarterly results for Art Nirman Ltd for the periods of December 2023, March 2024, and June 2024:

About Art Nirman

Art Nirman Ltd (ANL) is a real estate development company based in India, specializing in a range of projects including residential, commercial, and plotting developments. The company focuses on building affordable housing, luxurious flats, and bungalows, as well as premium office spaces, showrooms, and shops.

ANL is involved in acquiring land, preparing building materials, and managing construction projects for special economic zones and industrial parks. Their corporate office is located in Ahmedabad, Gujarat, and they aim to provide high-quality real estate solutions while contributing to urban development.

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