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Omaxe Ltd Q1FY24; 76% rise in Revenue

Omaxe ltd. is in the business of developing real estate properties for residential, commercial and retail purposes with a presence across 27 cities in 8 states of India. It has undertaken various projects in the areas of contractual construction, township development, building of commercial complexes, multi-storied apartments, etc.

Financial Results:

Omaxe Ltd reported Revenues for Q1FY24 of ₹213.00 Crores up from ₹121.00 Crore year on year, a rise of 76.03%.

Total Expenses for Q1FY24 of ₹353.00 Crores up from ₹191.00 Crores year on year, a rise of 84.82%.

Consolidated Net Profit of -₹106.00 Crores from -₹50.00 Crores in the same quarter of the previous year.

The Earnings per Share is -₹5.81, from -₹2.68 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.

Categories: AlphaGraphs Realty
Tags: Real Estate
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