India's Arvind Smartspaces falls on quarterly profit slump

Arvind Smartspaces

04/11/2025 06:21

** Shares of real estate firm Arvind Smartspaces ARVD.NS fall 3.27% to 608.35 rupees

** Co posts a 65% drop in quarterly consol net profit to 141.8 million rupees ($1.61 million)

** Co's quarterly consol revenue from operations falls 47% to 1.41 billion rupees

** Stock recommended as "Strong Buy" on average by 3 analysts with median PT at 975 rupees as per data compiled by LSEG

** YTD, stock down 30.26%

($1 = 87.8950 Indian rupees)

 (Reporting by Mridula Kumar)

 ((Mridula.kumar@thomsonreuters.com))