Max Estates Limited — Board Meeting, 08-08-2025: Outcome of Board Meeting
08-08-2025 | 08:40 pm
08-08-2025 | 08:40 pm
Max Estates has announced a board meeting where the consolidated financial results for the quarter ended June 30, 2025, were approved. The company reported revenue from operations of Rs 51.47 Cr and a net profit of Rs 11.93 Cr for the quarter. Strategically, Max Estates completed the acquisition of Boulevard Projects Private Limited, making it a wholly-owned subsidiary. They also acquired a new mixed-use land parcel in Noida for Rs 711.13 Cr, structured with deferred payments. Post-quarter, New York Life and Max Estates invested via convertible debentures into BPPL and Max Estates Noida Private Limited for future project development.
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