Century Textiles unit's Bengaluru project sees Rs 600 crore booking value, shares rise

Birla Estates sets a remarkable precedent in Bengaluru with a booking value of about Rs 600 crore for Birla Trimaya Phase 2.

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26 Aug, 2025 12:21

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Birla Estates sold 95 percent of inventory for its inventory in Bengaluru within 24 hours of the launch with an approximate booking value of Birla Trimaya Phase II – The Park of Rs 600 crore.

Shares of Century Textiles traded in green at the time of publishing the report to quote at Rs 2,867.10 per share on the NSE, up marginally 0.60 percent. During the day, it jumped nearly 3 percent to quote the day's high of Rs 2,910 apiece.

Birla Estates is a wholly owned subsidiary of Aditya Birla Real Estate Limited (formerly Century Textiles and Industries Limited).

"This sales success follows the record-breaking performance of Phase I of Birla Trimaya, which secured approximately Rs 500 crore in bookings within just 36 hours of its launch," the company said in an exchange filing.

Overall, the cumulative booking value achieved till date is approx. Rs 1,100 crore and the project is anticipated to generate a revenue potential of around Rs 3,000 crore across the entire 52 acre development.

K. T. Jithendran, MD & CEO of Birla Estates, said, " Our focus on design differentiation and deep understand of the market has created this new benchmark. Bengaluru remains a key focus market in our growth plans."

Shares of the Mumbai-headquartered company have delivered 123.99 percent returns on YTD rate.

Textiles-to-pulps-to-real estate firm Century Textiles & Industries Ltd reported a consolidated net profit of Rs 17.35 crore for the Apr-Jun quarter, returning to black, after reporting a loss of Rs 7.06 crore in the same quarter last year.

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