Omaxe losses of Rs 72 crore in December quarter

Omaxe losses of Rs 72 crore in December quarter


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The company said in its information to the stock market on Friday that the total income from operations increased to Rs 601.90 crore in the third quarter of this financial year, which was Rs 253.81 crore in the same period a year ago.

New Delhi. Realty company Omex Ltd. Ltd had a consolidated loss of Rs 71.77 crore for the quarter ending December 2023. Its loss in the same period a year ago was Rs 109.11 crore. The company said in its information to the stock market on Friday that the total income from operations increased to Rs 601.90 crore in the third quarter of this financial year, which was Rs 253.81 crore in the same period a year ago. Total expenditure during the period under review also increased to Rs 683.66 crore from Rs 389.69 crore earlier. The Board of Directors of Omaxe also approved the re-appointment of Mohit Goyal as Managing Director of the company for a period of five years from April 1, 2024 to March 31, 2029. This is subject to shareholder approval.

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