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Latest news with #ArkadeDevelopers'

Arkade Developers acquires redevelopment project in Goregaon West, Mumbai
Arkade Developers acquires redevelopment project in Goregaon West, Mumbai

Business Standard

time4 days ago

  • Business
  • Business Standard

Arkade Developers acquires redevelopment project in Goregaon West, Mumbai

Arkade Developers acquires redevelopment rights of a strategically located society in Bangur Nagar, Goregaon West. Spread across 1.1 acres, the site offers a RERA saleable area of approx. 86,000 sq. ft and an estimated revenue potential of Rs 350 crores. The project will feature a mix of residential and commercial spaces, further strengthening its footprint in the Western suburbs. This marks the company's 5th acquisition in the Goregaon- Malad micro-market in recent times. Furthermore, Arkade Developers has 4 completed and 3 ongoing projects within this residential belt. The upcoming development is designed to offer thoughtfully planned homes with a configuration mix of 2 and 3 BHK's. Strategically positioned with excellent connectivity and robust social infrastructure, this project adds significant value to Arkade Developers' growth strategy in Mumbai's western market.

Arkade Developers' profit up 70% to ₹33.26 crore in Q4 FY25
Arkade Developers' profit up 70% to ₹33.26 crore in Q4 FY25

Time of India

time14-05-2025

  • Business
  • Time of India

Arkade Developers' profit up 70% to ₹33.26 crore in Q4 FY25

NEW DELHI: Realty firm Arkade Developers Ltd on Tuesday reported a 70 per cent increase in its consolidated net profit to Rs 33.26 crore for the latest quarter ended March. Its net profit stood at Rs 19.61 crore in the year-ago period. Total income rose to Rs 134.34 crore in the fourth quarter of the last fiscal from Rs 123.13 crore in the corresponding period of the preceding year, according to a regulatory filing. During the 2024-25 fiscal, Arkade Developers' net profit grew to Rs 156.92 crore from Rs 122.91 crore in the year-ago period. Total income climbed to Rs 694.60 crore last fiscal from Rs 635.71 crore in the 2023-24 fiscal. Arkade Developers is one of the leading real estate companies in the country.

Arkade Developers Q4 results: Net profit rises 70% to ₹33.26 crore
Arkade Developers Q4 results: Net profit rises 70% to ₹33.26 crore

Business Standard

time13-05-2025

  • Business
  • Business Standard

Arkade Developers Q4 results: Net profit rises 70% to ₹33.26 crore

Realty firm Arkade Developers Ltd on Tuesday reported a 70 per cent increase in its consolidated net profit to Rs 33.26 crore for the latest quarter ended March. Its net profit stood at Rs 19.61 crore in the year-ago period. Total income rose to Rs 134.34 crore in the fourth quarter of the last fiscal from Rs 123.13 crore in the corresponding period of the preceding year, according to a regulatory filing. During the 2024-25 fiscal, Arkade Developers' net profit grew to Rs 156.92 crore from Rs 122.91 crore in the year-ago period. Total income climbed to Rs 694.60 crore last fiscal from Rs 635.71 crore in the 2023-24 fiscal.

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