News
Square Yards’ FY21 revenue Rs 350 cr; up by 17 per cent


Integrated real estate platform Square Yards declared its full financial year FY21 results on May 10 with Rs 350 core revenue, up 17 per cent Y-o-Y and EBITDA of Rs 50 crore. The Gross Transaction Value (GTV) stood at Rs 8112 crore, up 33 per cent Y-o-Y, said a press release.
The company, it said, registered its sixth consecutive profitable quarter in Q4, clocking revenue of Rs 123 crore, a 47 pc Y-o-Y increase for the quarter with Rs 15.2 crore in EBITDA margins. Annualising last quarter in dollar terms, Square Yards is now clocking $70mn revenue and $10mn EBITDA run rate.
The release further said Indian real estate operations contributed 50 pc to the overall revenue while 41 pc came from international business and rest 9 pc from mortgage business.
-
News4 weeks ago
Coworking Drives Commercial Real Estate Through Turbulent Times
-
News4 weeks ago
Real estate sector expected to expand to $5.8 trn by 2047: Knight Frank-NAREDCO
-
News3 weeks ago
The Office Pass (TOP) to triple its Co-working Office Capacity with expansion in Gurugram
-
News4 weeks ago
H&UA Minister inaugurates conference on ‘Adoption of New and Emerging Building Materials and Technologies in Construction Industry’
-
News2 weeks ago
ASK Property Fund To Invest ₹225 cr in Pune
-
News4 weeks ago
IKEA hosts IKEA ICONIC in Mumbai to celebrate 80 years of home furnishings legacy
-
News3 weeks ago
hBits appoints Anish Mody as Chief Product Officer
-
News2 weeks ago
Intercontinental Infrastructure signs Actor Sharad Kelkar as brand ambassador for their project at Chakan, Pune