July 10, 2026 06:19 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Foreign franchise league enters India! BBL opener to be played in Chennai, announce Modi-Albanese | 'They could have stopped me': Vijay blames police, former DMK government over Karur stampede | 'People will correct their 2025 mistake': Electoral debutant Prashant Kishor predicts BJP defeat in Bankipur | New assassination plot against Trump? Israel's secret intelligence raises alarm amid escalating Middle East tension | Ayatollah Ali Khamenei buried at Iran's holiest shrine as Middle East crisis deepens | Indian techie allegedly kills wife in US, sends photo of her body to 'secret girlfriend' in India; arrested | 'I fled the city': Thane doctor quits after alleged assault by Shiv Sena leader | Sensex surges 500 points before losing steam, ends marginally higher after volatile trading session | US court drops charges against Indian-origin doctor who drove Tesla off 250-foot cliff with family | Dalal Street bleeds! Sensex tanks over 1,600 points after Trump declares Iran ceasefire 'over'

Arvind Infrastructure announces Q2FY15-16 results

| | Nov 10, 2015, at 04:52 am
Ahmedabad, Nov 9 (IBNS): Arvind Infrastructure Limited, one of the emerging real estate players in the Real Estate Development space, has recorded a decline in the consolidated revenue to Rs. 7.87 crores for the quarter ended 30th September 2015, as against Rs.19.67 crores in the corresponding quarter of the previous year.
Consolidated EBIDTA is  at Rs.1.61 crores   as compared to Rs.2.79   crores  in the  corresponding   quarter  of the  previous  year.  
 
The Company   has posted  net  loss  of Rs.  0.30 crores  for the  quarter  ended 30th September, 2015   as  compared to a  loss of  Rs.  0.57 crores   in  the  corresponding   quarter  of the previous  year.
 
Commenting on the results   as  well  as  outlook  of the  Company,  Kamal  Singal, Managing   Director & CEO  said:   "The  performance  of the  Company  for the first  half  of the year is in line  with our expectation  despite various  challenges   faced by the real estate industry   mainly    because   of  subdued   market   conditions.   We anticipate   the  market sentiments  to improve over a period  of time  and the  company    is expected  to perform better  in the  second half  as compared to first  half  of the  current  financial  year."

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm