The net debt levels of listed real estate developers have declined 37 per cent since the first wave of Covid-19.
An ICICI Securities report noted that the decline in debt levels has been achieved through a combination of reduction in cost of debt by 80-160 basis points (bps), reduction in corporate overheads by 20-40 per cent from pre-Covid levels, operating cash surpluses, asset sales and equity capital raise either through the QIP route or through dilution at the SPV level.
Varun Beverages Limited NSE Symbol:VBL, BSE Security Code:540180 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2021 to the month of September, 2021; for the fiscal year 2021-22.
Housing Development Finance Corporation Limited NSE Symbol:HDFC, BSE Security Code:500010 has declared its 1st(first) quarter unaudited consolidated financial report from the month of April, 2021 to the month of June, 2021; for the fiscal year 2021-22.
Kernex Microsystems (India) Limited NSE Symbol:KERNEX, BSE Security Code:532686 has declared its 1st(first) quarter unaudited standalone financial report from the month of April, 2021 to the month of June, 2021; for the fiscal year 2021-22.
Williamson Magor & Company Limited NSE Symbol:WILLAMAGOR, BSE Security Code:519224 has declared its 4th(fourth) quarter audited consolidated financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
Impex Ferro Tech Limited NSE Symbol:IMPEXFERRO, BSE Security Code:532614 has declared its 4th(fourth) quarter audited standalone financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
Pearl Global Industries Limited NSE Symbol:PGIL, BSE Security Code:532808 has declared its 4th(fourth) quarter audited consolidated financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
Jaiprakash Associates Limited NSE Symbol:JPASSOCIAT, BSE Security Code:532532 has declared its 4th(fourth) quarter audited consolidated financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
Lactose (India) Limited BSE Security Code:524202 has declared its 4th(fourth) quarter audited standalone financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
Pokarna Limited NSE Symbol:POKARNA, BSE Security Code:532486 has declared its 4th(fourth) quarter audited consolidated financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
