Aditya Birla Real Estate Limited has informed the Exchange regarding Outcome of Board Meeting held on May 14, 2025.
ABREL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aditya Birla Real Estate Limited (formerly Century Textiles & Industries) reported audited results for FY25. Standalone revenue from operations (sales from continuing businesses) rose to Rs. 310.38 Cr from Rs. 263.45 Cr, but total income fell to Rs. 497.60 Cr from Rs. 589.43 Cr due to sharply lower TDR gains (Rs. 12.35 Cr vs Rs. 201.68 Cr). The company swung to a standalone net loss of Rs. 81.24 Cr in FY25 versus a profit of Rs. 151.16 Cr in FY24, dragged by exceptional charges of Rs. 156.89 Cr — including a Rs. 114 Cr provision for its joint venture (Birla Advanced Knits) and a Rs. 42.89 Cr write-off of the Worli land parcel following a Supreme Court ruling. The board also declared a dividend of Rs. 2 per share (down from Rs. 5). Operating cash flow turned negative at Rs. (704.81) Cr, largely due to a sharp build-up in inventory. The Pulp & Paper business has been classified as discontinued operations following the BTA with ITC Ltd.
Short-term sentiment may be negative due to the swing into losses, weak cash flows, and a lower dividend, though the losses are driven mainly by one-time exceptional items and strategic restructuring (exit from textiles, sale of paper business) as the company repositions itself as a pure-play real estate entity. Investors should watch the divestment proceeds from the ITC deal and traction in the core real estate business going forward.