Ajmera Realty Q1 net profit rises 12.5% as EBITDA margin narrows to 28.8%

Ajmera Realty reported strong Q1 revenue and profit growth, but EBITDA margin compressed amid higher construction, employee, and financing costs. The absence of segment detail or forward guidance, alongside a 5.5% post-results selloff, suggests the market is prioritizing cost pressures and execution risk over top-line momentum. The news is idiosyncratic to a single Indian real estate issuer with limited broader cross-asset impact.