Aurum PropTech’s net loss narrows to Rs 8.52 crore in Q3 FY25, ET RealEstate

January 20, 2025
1 min read
Aurum PropTech's net loss narrows to Rs 8.52 crore in Q3 FY25, ET RealEstate


117404723

NEW DELHI: Aurum PropTech has witnessed net consolidated loss after tax of Rs 8.52 crore during the quarter ending December 31, 2024. It had registered loss of Rs 21.32 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company has reported a growth of 13.11 per cent in its net consolidated total income during the quarter ending December 31, 2024. It had registered total income of Rs 70.23 crore in Q3 FY25 as against Rs 62.09 crore it recorded in the similar quarter last year.

The rental business segment delivered a year-on-year growth of 28% for the nine-month period ending December 31, 2024. Sell.do and Aurum Analytica achieved a 35% year-on-year income growth for the nine months ending December 31, 2024. The distribution business segment contributed a net margin of 8%.

“We are continuing our consultations with SEBI regarding the SM-REIT application and fine-tuning our go-to-market strategy in anticipation of securing the license,” the company said in a media release.

  • Published On Jan 20, 2025 at 06:30 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

Bélanger acquires 39 Quebec City apartment buildings for $143M • RENX
Previous Story

Bélanger acquires 39 Quebec City apartment buildings for $143M • RENX

Oberoi Realty's net profit rises 71.70% in Q3 FY25, Real Estate News, ET RealEstate
Next Story

Oberoi Realty’s net profit rises 71.70% in Q3 FY25, Real Estate News, ET RealEstate

Latest from Blog