Max Estates Limited — Board Meeting, 22-05-2025: Outcome of Board Meeting

Max Estates has announced a board meeting on the approval of the audited consolidated financial results for the quarter and year ended March 31, 2025. The group reported a consolidated net profit of Rs. 13.99 Cr for Q4 and Rs. 17.34 Cr attributable to equity holders. Total income was Rs. 77.30 Cr for Q4 and Rs. 249.67 Cr for the full year. Key moves: acquired Boulevard Projects as a wholly owned subsidiary, secured Noida-Greater Noida Expressway land worth ~Rs. 711 Cr on deferred payment, and advanced strategic partnerships with New York Life. QIP funds of ~Rs. 780 Cr partly used for land and corporate purposes. Phase II of Estate 128 and a new Gurugram residential project boost the development pipeline.