Realty firm Arvind SmartSpaces Ltd on Monday reported a 28 per cent decline in its consolidated net profit at Rs 4.24 crore for the quarter ended December.
Its net profit stood at Rs 5.91 crore in the year-ago period, the Ahmedabad-based firm said in a regulatory filing.
Total income grew to Rs 55.22 crore in the third quarter of this fiscal from Rs 44.93 crore in the year-ago period.
Sales bookings increased by 58 per cent to Rs 250 crore in the December quarter of 2022-23 from Rs 158 crore in the year-ago period.
The sales bookings rose 24 per cent to Rs 558 crore from Rs 451 crore earlier.
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Arvind SmartSpaces, part of the Lalbhai Group, has about 30 million square feet of real estate development across Ahmedabad, Gandhinagar, Bengaluru and Pune.
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