Emami Realty's Q4 loss widens over 4-fold, revenue plunges 76 pc

IANS May 22, 2025 185 views

Emami Realty has reported a challenging financial quarter with its losses dramatically widening and revenues experiencing a steep decline. The company's Q4 performance showed a net loss of Rs 79.68 crore, which is more than four times the previous quarter's loss. Revenue dropped significantly by 76.12% to Rs 13.66 crore, reflecting substantial market pressures. Despite operating across multiple Indian cities, the real estate firm is facing considerable financial strain with rising expenses and minimal revenue generation.

"Financial performance reflects significant operational challenges" - Emami Realty Financial Report
Mumbai, May 22: Real estate firm Emami Realty Limited on Thursday reported a sharp fall in its financial performance for the March quarter (Q4 FY25), as its consolidated net loss widened more than four times to Rs 79.68 crore, compared to a loss of Rs 19.47 crore in the previous quarter (Q3 FY25).

Key Points

1

Quarterly net loss expanded to Rs 79.68 crore

2

Revenue plummeted 76.12% to Rs 13.66 crore

3

Project expenses surged 78.12% quarter-on-quarter

4

Total annual loss slightly increased to Rs 126.25 crore

The loss also deepened on a year-on-year (YoY) basis, with the company posting an annual net loss of Rs 126.25 crore in FY25, slightly higher than the Rs 123.10 crore loss in FY24, according to its stock exchange filing.

Revenue from operations fell by 76.12 per cent to Rs 13.66 crore in Q4 FY25, down from Rs 57.22 crore in the preceding quarter.

Compared to the same period last year (Q4 FY24), when revenue stood at Rs 17.45 crore, the decline was 21.72 per cent.

Total income of the company also saw a significant dip, falling 61.2 per cent to Rs 27.14 crore in Q4 FY25 from Rs 69.96 crore in Q3.

Additionally, expenses continued to rise. Total expenses in Q4 climbed to Rs 112.16 crore, a 16.9 per cent increase from Rs 95.94 crore in Q3.

On a full financial year basis, expenses went up by 5.5 per cent, reaching Rs 282.16 crore in FY25 from Rs 267.44 crore in FY24.

A major contributor to the rising costs was the project expenses, which jumped 78.12 per cent quarter-on-quarter (QoQ) to Rs 50.46 crore.

Other expenses also surged massively to Rs 66.44 crore in Q4, from just Rs 1.47 crore in the previous quarter -- a staggering rise of over 4,420 per cent.

The company, which is a part of the Emami Group, develops residential, commercial, and mixed-use properties across Indian cities including Mumbai, Kolkata, Chennai, Bhubaneswar, and Jhansi.

Meanwhile, the Board of Directors at its meeting held on May 22 also approved the appointment of MKB and Associates, a Kolkata-based firm of Practicing Company Secretaries, as Secretarial Auditors for a period of five years starting FY 2025-26.

“The appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM),” the company said in its regulatory filing.

Reader Comments

R
Rahul K.
This is really concerning. How can expenses jump by 4420% in one quarter? 😳 Emami is a trusted name, but such numbers shake investor confidence. Hope they come out with a proper explanation soon.
P
Priya M.
Real estate sector is going through tough times across India. High interest rates + slow demand = disaster for developers. Not surprised to see these numbers, though the scale is shocking.
A
Amit S.
As someone who invested in their Kolkata project, this news is worrying. They need to focus on completing existing projects rather than expanding. Buyers are suffering due to delays across all builders.
S
Sanjay T.
The sudden change in secretarial auditors raises eyebrows. Hope SEBI keeps an eye on this. Corporate governance is crucial when companies show such volatile financials.
N
Neha P.
Maybe time for Emami Group to rethink their realty business strategy. Their FMCG arm is doing well, but real estate seems to be dragging them down. Diversification isn't working here.
V
Vikram J.
The numbers don't add up - revenue down 76% but project expenses up 78%? Either there's some accounting magic happening or serious mismanagement. Retail investors should be cautious.

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Tags:
Emami Realty Real Estate Financial Performance Quarterly Results Indian Realty Sector