Modi’s Navnirman reports robust financial and operational growth in FY25
Modi’s Navnirman Limited experienced substantial growth in FY25, with revenue climbing to Rs. 86.54 crore, a 49.76% year-over-year increase. EBITDA reached Rs. 16.75 crore, up 83.82% year-over-year, and profit after tax (PAT) soared by 82.02% to Rs. 12.25 crore. The company’s PAT margin also expanded to 14.16% for the fiscal year.
Operationally, the company sold approximately 40,000 sq. ft. of area, representing a 150% year-over-year increase, with sales value reaching Rs. 86.52 crore (49.00% year-over-year). The number of units sold increased by 71.40% to 60 units. Modi's Navnirman also successfully launched 3 projects in FY25, with total collections amounting to Rs. 115.27 crore, up 96.00% year-over-year.
The company's strategy focuses on asset-light, partnership-driven redevelopment, leveraging expertise in Mumbai suburbs and targeting high-demand, infrastructure-connected zones. Modi’s Navnirman has a robust development pipeline of over 6 lakh sq.ft., combining residential towers with commercial spaces.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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