Shares of Aditya Birla Real Estate Ltd. were trading over 3% higher on Monday, October 26, following the company's second-quarter results announcement for FY27. According to reports from CNBC TV18, the sharp improvement in profitability, aided by a significant one-time gain, drove positive investor sentiment in the real estate sector.
The company achieved a remarkable financial turnaround with net profit of ₹858 crore in the September quarter, compared with a loss of ₹15.7 crore in the corresponding quarter of the previous year. As reported by CNBC TV18, this profit included a one-time gain of ₹868 crore, which was not present in the year-ago period. The substantial one-time gain significantly contributed to the overall profitability improvement, with the exceptional gain remaining a major contributor to the company's bottom line during the quarter.
Revenue performance showed exceptional growth trajectory, rising to ₹825 crore in the September quarter, compared with ₹98 crore in the year-ago period. According to CNBC TV18, this represents a significant increase in the company's top-line performance during the quarter, with the growth of approximately 742% or more than eight times the previous year's figure. This substantial revenue expansion demonstrates the company's strong operational performance across its business segments.
The company's operational efficiency improved significantly with EBITDA turning positive at ₹158.7 crore, against a loss of ₹71.7 crore in the same quarter last year. As reported by CNBC TV18, this operational improvement demonstrates the company's enhanced profitability across its core business operations during the quarter. The improvement indicates a turnaround at the operating level alongside the sharp increase in revenue, with the company recording significantly higher revenue and moving from an operating loss to a positive EBITDA position.
