Ajmera Realty news

Profit growth came from revenue recognition while new bookings shrank, leaving investors to judge whether the sales trend will turn.

The first phase of Ajmera's boutique office project at Wadala is planned for launch in January to March 2027, with a larger estimated value than the company gave earlier.

The downgrade follows a 69% fall in second-quarter sales value and a share price down about 30% this year.