Earnings | Aurum PropTech Limited (NSE: AURUM): Q4FY23 Results Out; Total Income rise 450% YoY.

Aurum PropTech Limited is a real estate technology company that provides solutions to property owners, investors, and developers. The company’s platform offers end-to-end solutions for managing real estate assets, including property management, tenant screening, lease management, and asset maintenance. Aurum PropTech’s proprietary technology utilizes artificial intelligence, machine learning, and big data analytics to provide accurate and timely insights for its clients. The company aims to streamline the property management process, reduce costs, and increase transparency and efficiency for its clients. With a focus on innovation and customer satisfaction, Aurum PropTech is rapidly expanding its footprint in the real estate industry.

• Aurum PropTech Limited reported Total Income for Q4 FY23 of ₹51 Crore up from ₹9.6 Crore year on year, a growth of 431%.
• Total Expenses for Q4 FY23 of ₹65 Crore up from ₹17.5 Crore year on year, a growth of 271%.
• Consolidated Net Loss of ₹9.8 Crore, up 66% from ₹5.9 Crore in the same quarter of the previous year. 
• The Earnings per Share is – ₹1.52, down 11% from – ₹1.71 in the same quarter of the previous year.