AGI Infra Ltd. Board Approves 1:2 Stock Split, Reports Stellar Earnings for Q2FY25

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AGI Infra Ltd. (BSE: 539042, NSE: AGIIL), a leading player specialized in residential and commercial real estate development, has announced that its board has approved sub division/ split of shares of the company in 1:2 ratio, i.e. Sub-division/ split of each equity share of the Company into 2 equity shareholders, subject to approval of the shareholders. The record date for the purpose of the sub division shall be decided post shareholder approval.

Recently, the company announced stellar earnings for the quarter and half year ended 30 September 2024. For Q2FY25, revenue from operations grew by 9% YoY from Rs. 7090.58 Lakhs in Q2FY24 to Rs. 7756.26 Lakhs in Q2FY25. EBITDA increased by 33.23% from Rs. 2182.63 Lakhs in Q2FY24 to Rs. 2908.95 Lakhs in Q2FY25. PAT increased by 20.45% from Rs. 1449.06 Lakhs in Q2FY24 to Rs. 1745.40 Lakhs in Q2FY25.

For half year ended 30 September 2024, revenue from operations grew by 7.50% from Rs. 13971.30 Lakhs in H1FY24 to Rs. 15018.76 Lakhs in H1FY25. EBITDA increased by 29.21% from Rs. 4068.83 Lakhs in H1FY24 to Rs. 5257.74 Lakhs in H1FY25. PAT increased by 14.48% from Rs. 2783.44 Lakhs in H1FY24 to Rs. 3168.56 Lakhs in H1FY25.

AGI Infra limited is engaged in development and construction of world class Group Housing, Office space, commercial, Institutional buildings and township projects. Over the last one decade, the Company has delivered 9 projects having a cumulative saleable area of around 90,000 sq ft., which covers – group housing, commercial projects and plotted developments.

In addition to the above, as of now the Company has 10 projects under construction, which covers – group housing and commercial projects with a cumulative saleable area of around 90,00,000 sq ft.

Further, the Company currently has 4 projects under the approval stage across different cities of Punjab, having a cumulative saleable area of 1,17,00,000 sq ft. All these 4 projects are to be completed in the next 5 years.

Thereby, covering all the under-construction projects along with the under-approval projects, i.e. total saleable area of over 2,00,00,000 sq ft. Apart from this, the Company has already acquired 155 acres across different cities of Punjab for undertaking residential and commercial projects, however, for now being at the planning stage.

The company is catering to the needs of all sections of the society based on their requirements and affordability, thereby having a wide variety of product bank consisting of 1,2,3,4,5 BHK flats and Pent houses.

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