Prozone Realty Limited has informed the Exchange about General Updates
PROZONER · price
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Awaiting price reaction for this filing.
Prozone Realty submitted its Q4 FY25 investor presentation to the exchanges. Full-year leasing revenue grew 7% YoY to Rs 1,203.8 mn, and full-year leasing EBIT rose 8% to Rs 603.2 mn. Mall debt came down 7% YoY to Rs 3,091.6 mn with weighted average cost of debt easing to 10.12%, while Coimbatore Mall occupancy reached 96% and Ch Sambhaji Nagar Mall reached 86% (excluding the lower ground floor used for warehousing). Q4 FY25 EBITDA jumped 73% YoY to Rs 127.7 mn, with margins expanding to 24.2% from 14.3%, partly aided by a higher share of other income. On the residential side, the company sold over 1 lakh sq ft at Prozone Palms Coimbatore and 264 of 336 units at the Nagpur project, but Q4 reported a Rs 529.5 mn net loss due to a one-time deferred tax remeasurement from the Finance Act 2024 change in LTCG tax rules.
Operational metrics and mall debt reduction are positives, but the one-time tax-driven net loss may weigh on short-term sentiment. Underlying retail leasing strength and residential sales momentum remain the key positives for shareholders.