Aditya Birla Real Estate share price tanks over 6% after company posts net loss in Q1FY26
Aditya Birla Real Estate (ABREL) reported a consolidated net loss of ₹ 27.08 crore for the first quarter of this fiscal, as against a net profit of ₹ 17.35 crore in the year-ago period. However, the company' net loss in the April-June quarter narrowed from the loss of ₹ 135.20 crore posted in the March 2025 quarter.
The company's total revenue in Q1FY26 declined 57% to ₹ 157.41 crore from ₹ 365.24 crore, year-on-year (YoY).
During the first quarter of 2025-26 fiscal, ABREL posted a net loss of ₹ 47.30 crore from continued operations while it clocked a profit of ₹ 20.22 crore from the discontinued operations.
Aditya Birla Real Estate, formerly known as Century Textiles & Industries Ltd, has recently sold its pulp and paper business.
Aditya Birla Real Estate has also announced raising of funds up to ₹ 1,500 crore, in one or more tranches, by way of availing secured or unsecured Rupee Term Loan within the borrowing limits approved by the shareholders.
The fundraising is done to refinance the existing debts of the company taken for capex use of Century Pulp and Paper division of the Company (CPP) and release of charges or encumbrances created on the assets of CPP for such loans, in view of the proposed sale of CPP division of the Company to ITC, Aditya Birla Real Estate said in a regulatory filing on July 23.
Aditya Birla Real Estate share price has dropped 16% in one month, but the stock has risen 5% in the past six months. On a year-to-date (YTD) basis, Aditya Birla Real Estate shares have declined 20%, while it has fallen 8% in one year.
Despite recent weakness, the real estate stock has delivered robust long-term returns — surging 150% over a three-year period and delivering multibagger gains of 560% in the last five years.
At 2:30 PM, Aditya Birla Real Estate share price was trading 5.95% lower at ₹ 2,008.00 apiece on the BSE.
Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


News18
8 minutes ago
- News18
US-based Invesco sell Oberoi Realty, Lodha Developers shares for Rs 3,202 crore
New Delhi, Jul 23 (PTI) Investment management firm Invesco on Wednesday divested more than 2 crore shares of real estate firm Oberoi Realty and Lodha Developers for a total of Rs 3,202 crore through open market transactions. The US-based investment firm through its affiliate Invesco Developing Markets Fund offloaded a little over 1 crore equity shares or 2.95 per cent stake in Oberoi Realty, bulk deal data on the BSE showed. The company sold shares at Rs 1,754.26 apiece, taking the deal value to around Rs 1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund owned a 3.01 per cent stake in Oberoi Realty. In a separate bulk deal on the NSE, Invesco Developing Markets Fund sold 95.25 lakh shares or nearly 1 per cent stake in Mumbai-based Lodha Developers. Shares were disposed of at Rs 1,384.93 apiece, taking the total value to Rs 1,319.24 crore. Meanwhile, SBI Mutual Fund bought 40.94 lakh shares or 1.13 per cent equity stake in Oberoi Realty for Rs 718.18 crore. The shares were acquired at an average price of Rs 1,754.10 per piece on the BSE. Details of the other buyers of Oberoi Realty's shares could not be ascertained on the BSE. Also, details of the buyers of Lodha Developers' shares could not be identified on the National Stock Exchange (NSE). Shares of Lodha Developers (Macrotech) plunged 7.65 per cent to close at Rs 1,332 apiece on the NSE while the scrip of Oberoi Realty fell 3.23 per cent to close at Rs 1,766.60 apiece on the BSE. On Monday, Oberoi Realty reported a 28 per cent decline in its consolidated net profit to Rs 421.25 crore for the quarter ended in June on lower income. The net profit stood at Rs 584.51 crore in the year-ago period. Its total income fell to Rs 1,073.98 crore in the first quarter of this fiscal from Rs 1,441.95 crore in the corresponding period of the preceding year. On the operational front, the company has sold properties worth Rs 1,639 crore in the April-June quarter of 2025-26 fiscal. PTI HG HG MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 23, 2025, 21:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
&w=3840&q=100)

Business Standard
31 minutes ago
- Business Standard
Force Motors Q1 profit jumps 53% to ₹278 crore on strong sales growth
Revenue from operations rose to ₹2,297 crore in the first quarter as against ₹1,885 crore in the year-ago period, Force Motors said in a statement Press Trust of India New Delhi Force Motors on Wednesday reported a 53 per cent increase in consolidated net profit to ₹278 crore for the first quarter ended June 30, 2025, on the back of robust sales growth. The Pune-based automaker reported a consolidated net profit of ₹182 crore for the April-June quarter of last year. Revenue from operations rose to ₹2,297 crore in the first quarter as against ₹1,885 crore in the year-ago period, Force Motors said in a statement. "This growth can be attributed to our consistent focus on meeting customer expectations, capitalising on domestic momentum, and improving internal efficiencies," Force Motors MD Prasan Firodia said. The continued trust of customers and the unwavering effort put in by teams have been pivotal to this success, he added. "With positive indicators in the domestic market, we remain optimistic about sustaining growth in the coming quarters. Our investments in innovation, reliability, and expanding our dealer network will further strengthen our market position," Firodia stated. The company said its domestic sales volume grew by 26 per cent, fuelled by robust demand across the flagship models Urbania, Traveller and Trax. The automaker noted that it currently maintains a zero-debt position, reflecting its prudent and disciplined financial management. Shares of the company on Wednesday ended 2.08 per cent down at ₹17,136.65 apiece on BSE. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Time of India
31 minutes ago
- Time of India
Vedanta declared as 'preferred bidder' for iron ore mining in Karnataka
Vedanta Ltd . has been declared as ' Preferred bidder ' for the Janthakal Iron Ore Mine by the Government of Karnataka. The government issued the 'Declaration of Preferred Bidder' notification on July 22, 2025. On October 30, 2024, the Department of Mines & Geology, Government of Karnataka invited tenders to participate in the auction process for grant of Mining License in respect of Janthakal Iron Ore Mine in the State of Karnataka. The company qualified at the initial bidding stage, followed by its participation in live E-auction for grant of the stated Mining License. The mine is at G3 or preliminary level of exploration with total area of 71.16 hectares for the block. "The grant of mining licence by the Government of Karnataka in respect of aforesaid mine shall be subject to making of necessary payment of performance bank guarantee, completion of other terms and conditions of the tender document, obtaining of necessary approvals/permissions/clearances from various government departments/agencies and execution of necessary agreements/deeds in the matter," Vedanta said. Shares of Vedanta Ltd. were trading at Rs. 455 a piece at 15:31 PM on BSE after an intraday hike of 0.99%. Vedanta Ltd. is a subsidiary of Vedanta Resources Ltd.