ALPHA TRIBE

Arkade Developers LimitedResults, 24-01-2025: Integrated Filing- Financial

24-01-2025 | 07:31 pm

Arkade Developers Limited has announced a board meeting to approve its financial results for the quarter and nine months ended December 31, 2024. The company reported total income of ₹23,192.60 crore, with a net profit of ₹5,008.49 crore for the quarter. Year-to-date results show total income of ₹55,164.89 crore and a net profit of ₹12,366.99 crore. The completion of an Initial Public Offering (IPO) that raised ₹4,100 crore has been noted, with significant allocations set for development expenses and land acquisitions. This positive financial performance may enhance investor sentiment, signaling growth potential and effective capital utilization.

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