Arvind Smartspaces Ltd

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 28 July 2025.Powered by Capital Market - Live

Arvind SmartSpaces announced the appointment of Priyansh Kapoor as the new Whole-time Director and Chief Executive Officer with effect from 9 August 2025. This strategic move further fortifies the Board and significantly enhances the company's executive leadership capacity.  Kamal Singal, who has led ASL with distinction, will continue to serve as Managing Director and will act as a mentor to the leadership team, guiding them through current challenges and enabling the next wave of growth and excellence.Powered by Capital Market - Live

Arvind SmartSpaces announced that the 17th Annual General Meeting(AGM) of the company will be held on 8 August 2025.Powered by Capital Market - Live

Arvind SmartSpaces announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 6 per equity Share (i.e. 60%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Arvind SmartSpaces rose 23.63% to Rs 19.15 crore in the quarter ended March 2025 as against Rs 15.49 crore during the previous quarter ended March 2024. Sales rose 38.95% to Rs 163.09 crore in the quarter ended March 2025 as against Rs 117.37 crore during the previous quarter ended March 2024. For the full year,net profit rose 165.79% to Rs 110.49 crore in the year ended March 2025 as against Rs 41.57 crore during the previous year ended March 2024. Sales rose 109.07% to Rs 713.30 crore in the year ended March 2025 as against Rs 341.18 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales163.09117.37 39 713.30341.18 109 OPM %20.5826.70 -23.5732.67 - PBDT36.8329.63 24 170.1580.22 112 PBT35.5728.41 25 165.2375.71 118 NP19.1515.49 24 110.4941.57 166 Powered by Capital Market - Live

Arvind SmartSpaces will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live

'Arvind The Park' is a residential development with a golf course. Residents are provided membership to Monogram by Arvind Lounges and Resorts, which contains various recreational and business amenities. Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park. Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch. Kamal Singal, managing director and CEO, Arvind SmartSpaces, said: 'We are thrilled to have received such a strong response from the Bengaluru homebuyers for Arvind The Park. This is our third plotted project in Devanahalli following the success of Arvind Greatlands and Arvind Orchards. We look forward to launching Arvind Orchards Phase 2, Devanahalli and our high-rise project at Bannerghatta in the upcoming quarters. Arvind SmartSpaces (ASSL) is the real estate arm of Lalbhai group (flagship company - Arvind Limited). ASSL is primarily focused on the development of residential projects. It also undertakes commercial and industrial projects on a selective basis. The company's consolidated net profit surged to Rs 47.74 crore in the quarter ended December 2024 as against Rs 9.40 crore during the previous quarter ended December 2023. Sales rose 149.30% to Rs 210.16 crore in Q3 FY25 as compared with Q3 FY24. The scrip rose 0.64% to currently trade at Rs 705 on the BSE. Powered by Capital Market - Live

Arvind SmartSpaces (ASL) has sold out the entire launched inventory of its residential plotted development project, Arvind The Park in Devanahalli, Bengaluru, at the launch. It consisted of 200 units valued at over Rs. 180 crore. Arvind The Park is the ideal place for those seeking a luxurious lifestyle, replete with an opulent, executive-level golf course. The project customers will also get a membership of Monogram by Arvind Lounges and Resorts, a fully integrated resort offering various amenities including gymnasium, rooftop infinity pool, indoor games room, table tennis, jogging track, badminton court, spa, library, restaurant, executive business centre, multimedia theatre, discotheque, yoga pavilion, butterfly park and barbeque deck. While it is steeped in history with ancient forts and temples, Devanahalli is also a significant part of Bengaluru's future. Devanahalli has emerged as one of the most desirable real estate addresses near the Bengaluru Airport with easy access to major hospitals, schools and prime locations within the city. The micro-market is also home to major economic hubs such as Aerospace SEZ and KIADB IT Park. Arvind SmartSpaces entered the Bengaluru market in 2013 and has until now added 12 projects across the region with 6 projects having already been delivered and 6 in various stages of development/pre-launch. Powered by Capital Market - Live

Arvind SmartSpaces has allotted 10,000 equity shares under ESOP on 20 March 2025. Powered by Capital Market - Live

Arvind SmartSpaces announced that it has signed a new residential plotted development project in Ahmedabad, with a total estimated area of ~150 acre and a top-line potential of ~Rs. 600 crore. This project is located in Sanand-Nalsarovar road, Ahmedabad. The project is acquired on an outright basis. The project is strategically located approximately 15 km from Sanand and 30 km from Nalsarovar Lake. Known for its proximity to the Nalsarovar Bird Sanctuary and its natural charm, the region is set for transformative growth, balancing ecological preservation with modern infrastructure. The corridor benefits from enhanced connectivity and is close to major industrial hubs created a structural demand for horizontal real estate. Powered by Capital Market - Live