Ajmera Realty & infra April-June sales Rs 400 crore, up 261% on year

During the quarter, the company managed to reduce its debt by Rs 25 crore supported by sales and collection momentum. The developer’s weighted average cost of debt stood at 11.6% as on June end with debt-to-equity ratio at 1.12:1 as compared to 1.17:1 in the previous quarter.

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