ALPHA TRIBE

Prozone Realty LimitedImportant, 28-05-2025: General Updates

28-05-2025 | 05:36 pm

Prozone Realty has announced a board meeting to review the financial results for the quarter and half-year. The retail segment gained momentum with leasing revenue rising 7% YoY to Rs 1203.8 Mn and EBIT up 13% FY25. Mall occupancies hold firm at 96% in Coimbatore and 86% in ChSambhajiNagar, with 45,800 sq ft leased or fitting out. Retailer sales hit a record Rs 766 Cr, footfalls grew 9-12%, and average rents increased 6%. Residential sales included 291 units at Prozone Palms, with stronger collections. Interest costs fell 11% YoY, aiding margin improvement despite a PAT loss.

No comments yet. Be the first to comment!

All announcements from Prozone Realty Limited