Emami Realty clocks Rs 1 cr net profit for Q1FY22
Noida: Emami Realty Ltd has clocked Rs 1 crore as net profit for the first quarter of the current fiscal as compared to a net loss of Rs 8 crore in the same quarter of the previous fiscal.
The net sales of the company jumped 40 percent to Rs 42 crore in the first quarter of the current fiscal as compared to Rs 30 crore in the same period of the previous fiscal, the company said in a media release.
The realty firm is planning to launch 2 projects in Kolkata. The construction of these 2 projects is likely to start by September 2021. "Emami Realty continues to benefit from its 'diversified project portfolio of residential, commercial and township projects, strong brand image and use of advanced business intelligence tools," Emami Realty MD & CEO Nitesh Kumar said.