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Aurum PropTech losses widen to Rs 21.32 crore in Oct-Dec quarter, ET RealEstate

Aurum PropTech losses widen to Rs 21.32 crore in Oct-Dec quarter, ET RealEstate


NEW DELHI: Realty firm Aurum PropTech Ltd on Thursday reported a consolidated net loss of Rs 21.32 crore for the quarter ended December. Its net loss stood at Rs 10.94 crore in the year-ago period.

Total income, however, increased to Rs 62.09 crore during October-December period of this fiscal, from Rs 41.15 crore in the corresponding period of the previous year, according to a regulatory filing.

In June last year, Aurum PropTech had acquired up to 100 per cent stake in home rental platform NestAway Technologies for a cash consideration of up to Rs 90 crore.

Founded in 2015, NestAway caters to individuals looking for rental housing in major cities.

  • Published On Jan 18, 2024 at 07:00 PM IST

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