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Omaxe Q2 profit falls 61 pc to Rs 4.25 crore

Press Trust of India  |  New Delhi 

Realty firm Omaxe has reported a 61 per cent decline in its consolidated net profit at Rs 4.25 crore for the second quarter of this fiscal year on lower income.

Its net profit stood at Rs 10.85 crore in the year-ago period, the company said in a regulatory filing.

Total income also declined to Rs 256.01 crore in the July-September quarter of the 2019-20 financial year from Rs 460.42 crore in the corresponding period of the previous year.

Omaxe is developing projects mainly in Delhi-NCR, Punjab, Haryana and Uttar Pradesh.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 14 2019. 14:05 IST