ACRES Commercial Realty Corp.ACREarnings & Financial Report
Piramal Realty is an Indian real estate company, founded in 2012 and headquartered in Mumbai, India. It is a part of the Piramal Group. The company focuses on the development of residential and commercial properties, with projects under development covering an estimated 15 million square feet. Among its notable projects include Piramal Aranya, Piramal Mahalaxmi, Piramal Revanta, Piramal Vaikunth and Piramal Agastya.
Revenue
$20.9M
Gross Profit
N/A
Operating Profit
$6.5M
Net Profit
$6.4M
Gross Margin
N/A
Operating Margin
30.8%
Net Margin
30.6%
YoY Growth
-11.4%
EPS
$0.21
ACRES Commercial Realty Corp. Q2 FY2024 Financial Summary
ACRES Commercial Realty Corp. reported revenue of $20.9M (down 11.4% YoY) for Q2 FY2024, with a net profit of $6.4M (up 15.1% YoY) (30.6% margin).
Key Financial Metrics
| Total Revenue | $20.9M |
|---|---|
| Net Profit | $6.4M |
| Gross Margin | N/A |
| Operating Margin | 30.8% |
| Report Period | Q2 FY2024 |
ACRES Commercial Realty Corp. Annual Revenue by Year
ACRES Commercial Realty Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $79.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $79.9M |
| 2024 | $83.5M |
| 2023 | $91.1M |
| 2022 | $75.2M |
ACRES Commercial Realty Corp. Quarterly Revenue & Net Profit History
ACRES Commercial Realty Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $20.0M | -6.5% | $6.3M | 31.6% |
| Q3 FY2025 | $21.0M | -5.9% | $18.0M | 85.8% |
| Q2 FY2025 | $21.9M | +4.5% | $4.3M | 19.8% |
| Q1 FY2025 | $17.0M | -9.4% | $-730.0K | -4.3% |
| Q4 FY2024 | $21.4M | -4.5% | $9.3M | 43.5% |
| Q3 FY2024 | $22.4M | -6.9% | $8.1M | 36.0% |
| Q2 FY2024 | $20.9M | -11.4% | $6.4M | 30.6% |
| Q1 FY2024 | $18.8M | -10.9% | $4.9M | 26.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.8M | $20.9M | $22.4M | $21.4M | $17.0M | $21.9M | $21.0M | $20.0M |
| YoY Growth | -10.9% | -11.4% | -6.9% | -4.5% | -9.4% | 4.5% | -5.9% | -6.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.14B | $2.10B | $2.01B | $1.88B | $1.78B | $1.82B | $1.69B | $2.16B |
| Liabilities | $1.70B | $1.65B | $1.56B | $1.43B | $1.34B | $1.38B | $1.25B | $1.61B |
| Equity | $432.8M | $434.0M | $436.3M | $439.1M | $430.1M | $425.3M | $432.9M | $420.8M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.3M | $6.9M | $8.4M | $19.4M | $-4.6M | $11.8M | $-9.4M | $4.1M |