Ashiana Housing Ltd’s Board of Directors has declared and approved an interim dividend of ₹1 per equity share.
On April 9, 2025, Ashiana Housing share price opened at ₹262.00 and closed at ₹273.00, up by 3.96%. The stock price touched its day’s high at ₹290.00.
The company’s board of directors declared an interim dividend of ₹1 per equity share (50% on a face value of ₹2 each) for the financial year ending March 31, 2025. The company stated that the dividend will be paid on or before April 28, 2025, to shareholders whose names appear in the company’s Register of Members as of the record date, which has been fixed as Friday, April 11, 2025.
The company reported a total revenue of ₹139.93 crore in Q3FY25, marking a 135% increase from ₹59.53 crore in Q2FY25, primarily driven by higher deliveries during the quarter.
The Profit After Tax (PAT) stood at ₹10.89 crore in Q3FY25, compared to a loss of ₹7.55 crore in the previous quarter. This turnaround in profitability was mainly due to improved deliveries. However, the PAT also includes a one-time impact of ₹5 crore related to a GST payout for the Treehouse Hotel, recorded as an exceptional item in the profit and loss statement.
Also Read: Home Loan Interest Rates to Ease After RBI Repo Rate Cut.
Ashiana Housing is primarily engaged in the business of real estate development. The company focuses on developing residential and commercial properties.
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Published on: Apr 11, 2025, 8:45 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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