Arvind SmartSpaces Reports Triple-Digit Profit Growth and Strategic Expansion Plans
Ahmedabad-based real estate developer Arvind SmartSpaces reported a significant financial turnaround for the fourth quarter ending March 31, 2024, announcing a 121.5 percent surge in net profit to ₹42.3 crore. The company, which continues to solidify its footprint in the Indian residential market, simultaneously secured board approval to raise ₹300 crore through non-convertible debentures (NCDs)…