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Emami Realty Ltd Q1FY24; 70% fall in Revenue

Emami Realty Limited is part of the Emami Group. The Company undertakes real estate projects in the residential, commercial, and retail sectors. It currently has projects under planning and development across West Bengal, Uttar Pradesh, Tamil Nadu, Andhra Pradesh, and Maharashtra.

Financial Results:

Emami Realty Ltd reported Revenues for Q1FY24 of ₹13.00 Crores down from ₹43.00 Crore year on year, a fall of 69.77%.

Total Expenses for Q1FY24 of ₹36.00 Crores down from ₹51.00 Crores year on year, a fall of 29.41%.

Consolidated Net Profit of -₹14.00 Crores from ₹1.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹3.79, from ₹0.37 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Real Estate
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