Omaxe Ltd clocks net loss of Rs 44 cr for Q1FY22

New Delhi: Realty player Omaxe Ltd clocked a consolidated net loss of Rs 44 crore for the first quarter of the ongoing fiscal as compared to a net loss of Rs 64 crore in the same quarter of the previous fiscal.

The consolidated income from operations of the company stood Rs 89 crore for the first quarter of the current fiscal as compared to Rs 54 crore in the same period of the previous fiscal, the company said in a statement.

Rajan Gupta, Vice President, Omaxe Ltd said, "Despite several challenges in the first quarter of fiscal 2021-22, just like FY 2020-21, the company has maintained its stakeholders' outreach through the digital infrastructure built over the years and more so during the last year."

 

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