Omaxe Reports Significant Loss Despite Income Surge in Q4 FY24
The leading real estate developer in North India
Real EstateOmaxe LtdQuarterly ResultsNet LossTotal IncomeReal EstateMay 29, 2024
According to a regulatory filing, Omaxe's total income more than doubled to Rs 1,634.88 crore in the last fiscal from Rs 798.01 crore in 2022-23 fiscal. However, the company's net loss widened to Rs 402.60 crore in 2023-24 from Rs 347.91 crore in the preceding year.
Despite the loss, Omaxe remains one of the leading real estate developers in North India, with a strong presence in the region. The company's significant investment in its projects and expansion plans are expected to yield returns in the coming years.
Omaxe Ltd is a leading real estate developer in North India, with a strong presence in the region. The company has been in operation for over two decades and has developed several residential and commercial projects across North India.
Omaxe Ltd is a leading real estate developer in North India, with a strong presence in the region. The company has been in operation for over two decades and has developed several residential and commercial projects across North India.
Frequently Asked Questions
What is the net loss reported by Omaxe Ltd in the quarter ended March 2024?
Rs 145 05 crore
What is the percentage rise in total income reported by Omaxe Ltd in the fourth quarter of last fiscal?
82%
What is the total income reported by Omaxe Ltd in the last fiscal?
Rs 1 634 88 crore
What is the net loss reported by Omaxe Ltd in 2023-24?
Rs 402 60 crore
What is the region where Omaxe Ltd has a strong presence?
North India
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