Aditya Birla Real Estate Q2 FY25 results (Jul–Sep 2024) and concall

Aditya Birla Real Estate (formerly Century Textiles) is aggressively pivoting toward its real estate business, evidenced by a name change and significant land acquisitions in Worli and Gurugram. While the real estate segment shows robust booking momentum and a strong launch pipeline for H2, the Pulp & Paper business is struggling with declining realizations and negative cash flows. Management remains highly confident in achieving its ₹7,000-8,000 crore pre-sales target for FY25, driven by upcoming major launches in Pune, Bangalore, and Thane.