Emami Realty's net loss jumps multi-fold at Rs 19 cr for Q4FY20

New Delhi: Emami Realty Ltd’s consolidated net loss jumped multi-fold at Rs 19 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 1.52 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated revenues from operations jumped almost two-fold to Rs 109 crore for the fourth quarter of the fiscal 2019-20 as compared to Rs 56 crore in the corresponding quarter of the previous fiscal.

The company’s consolidated net loss stood at Rs 114 crore for the entire fiscal 2019-20 as compared to a net profit of Rs 48 lakh in the previous fiscal.

The company’s consolidated revenues from operations jumped multi-fold to Rs 895 crore for the entire fiscal 2019-20 as compared to Rs 68 crore in the previous fiscal.

The consolidated total expenses of the company jumped to Rs 181 crore in the fourth quarter of the 2019-20 fiscal as compared to Rs 86 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company increased to Rs 1,253 crore in the 2019-20 fiscal as compared to Rs 194 crore in the previous fiscal, the company said in a regulatory filing.

 

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