EBITDA rose 5% YoY, though margins slipped by 100 basis points to 41.7%. This is compared with 42.8% a year earlier.
The land is strategically located near HITEC City and will house premium residential apartments across varied configurations.
The project will see an investment of about ₹135.6 crore, fully funded through internal accruals.
To support growth, the company is expanding its dealership footprint, with 8–10 new outlets set to open across India within the next two months.
The mine has geological reserves of 248.54 million tonnes of G9 (provisional) grade coal and was awarded on a 9.5% revenue-sharing basis with the state government.
Following this infusion, Exide’s total investment in EESL has risen to ₹3,802.23 crore. Its shareholding remains unchanged at 100%.
The company announced that expected completion of this project is by February 19, 2026. RailTel secured this order on August 20, 2025.
MPC Minutes show that RBI pause on rates may not signal the end of the rate cut cycle
Earlier, on May 28, 2025, the company had disclosed that an assessment order under Section 143(3) for FY 2021–22 had raised a demand of ₹588.65 crore.
The stated company was incorporated in November 2016 and is in the business of real estate development and similar activities.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.