News
Omaxe Q2 Consolidated Income from Operations Rs 183.78 cr
New Delhi, November 15, 2021: Omaxe Limited reported Consolidated Income from Operations of Rs183.78 cr for the quarter ended September 30, 2021 as compared to Rs155.04 cr for the quarter ended September 30th, 2020, a rise of 18.54%. Consolidated Net Profit (loss) for Q2 stood at (Rs 42 cr), a rise of 45.16% as compared to (Rs76.58 cr) posted in the same quarter previous year.
Financial Highlights
(Rs in Crore)
Particulars | Q2FY22 | Q2FY21 | % Change |
(Q-O-Q) | |||
Income from Operations | 183.78 | 155.04 | 18.54 |
EBIDTA | -3.28 | -8.08 | -59.41 |
PAT | -42.00 | -76.58 | -45.16 |
Operational Highlights:
Sales:
- The Company sold 0.58 mn sq. ft valued at Rs259.25 crore in Q2 2021-22.
- The Company sold 1.10 mn sq. ft valued at Rs 806 crore in H1 2021-22.
- In Q2, the major contributors were New Chandigarh, Lucknow and Delhi
- The company had sold 2.73 million sq. ft. valued at Rs 2051 cr. in FY 2020-21
Delivery
- The Company delivered 0.76 million sq. ft. in Q2 2021-22 and 1.18 mn sq. ft in H1 2021-21.
- In Q2, the major Deliveries are in Lucknow, Indore, Faridabad, New Chandigarh
- The company had delivered 2.71 million sq. ft. in FY 2020-21.
-
News3 weeks ago
KW Delhi 6 Mall Onboards New Brands
-
News3 weeks ago
Manasum Senior Living Launches IKIGAI GOA, A Senior Living Community in North Goa, in collaboration with Prescon Homes
-
News2 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News3 weeks ago
Bridging India Divide: Top 5 Tier- 2 Cities to Focus On
-
News3 weeks ago
Commercial Realty Gets Tech Savvy: Fast Construction, Enhanced Convenience
-
News3 weeks ago
Multipoint Connection – A Definite Boon
-
News2 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News3 weeks ago
Sacred Cities See a Retail Boom as Spiritual Tourism Surge: CBRE Report