Emami Realty narrows net loss at Rs 12.50 cr for Q4FY21

New Delhi: Emami Realty has narrowed its consolidated net loss at Rs 12.50 crore for the fourth quarter of the last fiscal as compared to a net loss of Rs 19.18 crore in the same quarter of the previous fiscal. 

The consolidated total income of the company fell to Rs 78 crore for the fourth quarter of the last fiscal as against Rs 154 crore in the same period of the previous fiscal.

For the whole of last fiscal, Emami Realty clocked a net loss of Rs 0.49 crore last as compared to a net loss of Rs 114 crore in the previous fiscal. The total income declined to Rs 318 crore in the last fiscal as compared to Rs 1,083 crore in the previous fiscal, according to a regulatory filing.

The company plans to develop a township spread over 40 acres in Kolkata. The project cost for this will be of Rs 300 crore, it said.

 

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