Omaxe Ltd's net loss jumps more than two-fold to Rs 235 cr for FY21

New Delhi: Realty player Omaxe Ltd earned a consolidated net profit of Rs 0.54 crore in the fourth quarter of the last fiscal as compared to a net loss of Rs 129 crore in the same quarter of the previous fiscal.

The consolidated total income of the company fell 46 percent to Rs 191 crore in the fourth quarter of the last fiscal as compared to Rs 355 crore in the same quarter of the previous fiscal, the company said in a regulatory filing. 

For the whole of last fiscal, the company’s consolidated net loss jumped more than two-fold to Rs 235 crore as compared to a net loss of Rs 97 crore in the previous fiscal. The total income of the company less than halved at Rs 514 crore for the last fiscal as compared to Rs 1,155 crore in the previous fiscal.

 

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