Emami Realty Reports a Staggering Net Loss of Rs 70.38 Crore in Q4 FY24

Emami Realty has reported a consolidated net loss of Rs 70.38 crore in the quarter ended March

Emami RealtyReal EstateNet LossQ4 Fy24Emami GroupReal Estate NewsMay 30, 2024

Emami Realty Reports a Staggering Net Loss of Rs 70.38 Crore in Q4 FY24
Real Estate News:Emami Realty, a part of the business conglomerate Emami Group, has reported a consolidated net loss of Rs 70.38 crore in the quarter ended March 2024. The company's net loss stood at Rs 15.30 crore in the year-ago period.

The total income of the company fell to Rs 29.97 crore in the fourth quarter of the last fiscal from Rs 45.61 crore in the corresponding period of the previous year, according to a regulatory filing.

During the 2023-24 fiscal, the company's net loss stood at Rs 122.93 crore as against a loss of Rs 38.63 crore in the preceding year. Total income also declined to Rs 99.32 crore in the last fiscal from Rs 131.29 crore in the 2022-23 fiscal.

Emami Realty is a leading real estate developer in India, known for its luxurious residential and commercial projects. The company is part of the Emami Group, a business conglomerate with interests in various sectors, including FMCG, paper, and real estate.

Emami Group is a diversified business conglomerate with a presence in various sectors, including FMCG, paper, and real estate. The group has a strong presence in India and is known for its popular brands and projects.

Frequently Asked Questions

What is the net loss reported by Emami Realty in Q4 FY24?

Rs 70 38 crore

What is the total income of Emami Realty in the fourth quarter of the last fiscal?

Rs 29 97 crore

What is the net loss of Emami Realty in the 2023-24 fiscal?

Rs 122 93 crore

What is the total income of Emami Realty in the 2022-23 fiscal?

Rs 131 29 crore

What is the parent company of Emami Realty?

Emami Group

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