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Omaxe posts Rs 39 cr loss in Sep quarter; revenue up at Rs 191 cr

Realty firm Omaxe on Friday reported a consolidated net loss of Rs 39.05 crore for the second quarter ended September 30.

Omaxe posts Rs 39 cr loss in Sep quarter; revenue up at Rs 191 cr

Realty firm Omaxe on Friday reported a consolidated net loss of Rs 39.05 crore for the second quarter ended September 30.

The company had reported a net loss of Rs 76.13 crore in the year-ago period.

The total income, however, rose to Rs 191.34 crore in the second quarter of this fiscal from Rs 163.47 crore a year ago, according to a regulatory filing.

Delhi-based Omaxe had posted a net loss of Rs 235.18 crore over a turnover of Rs 514.59 crore for the entire 2020-21 financial year.