Ashiana Housing Ltd’s Area Booking Jumps Two Fold

New Delhi: Ashiana Housing Ltd’s total area booking jumped two fold in the first nine months of the current fiscal as compared to the same period og the previous fiscal.

The company clocked total area booking of 15.69 lakh square feet in the first three quarters of the ongoing fiscal as against 7.96 lakh square feet in the corresponding period of the previous fiscal, according to its investor presentation.

The jump in booking was because of new launches by the company like Ashiana Daksh Phase 1 & 2, Vrinda Gardens Phase 4 in Jaipur, Ashiana Aditya Phase 1 in Jamshedpur and Ashiana Nirmay Phase 3 in Bhiwadi

The total area constructed by the company was also higher at 6.57 lakh square feet in the first nine months of the current fiscal as compared to 5.22 lakh square feet in the same period of the previous fiscal.

As for the third quarter (October-December period) of the current financial year, the company constructed achieved booking of 9.78 lakh square feet as against 2.55 lakh square feet in the same period of the previous financial year. The total area constructed by the company in the third quarter of the ongoing fiscal stood at 2.39 lakh square feet as compared to just 1.62 lakh square feet in the same period of the previous financial year.

The company suffered a net loss stood at Rs 7.11 crore in the third quarter of the current fiscal as compared to a net profit of Rs 3.44 crore in the same period of the previous financial year.

The total income of the company jumped to Rs 76.82 crore in the third quarter of ongoing fiscal as compared to Rs 70.88 crore in the corresponding quarter of the previous financial year. 

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