Omaxe Ltd's Net Profit Drops 24% For Q2FY20

New Delhi: Realty firm Omaxe Ltd’s consolidated net profit declined 24 percent at Rs 8.08 crore for the second quarter of the current fiscal as compared to Rs 10.68 crore in the same period of the previous fiscal.

The consolidated total income of the company dropped 44 percent at Rs 256 crore for the second quarter of the current fiscal as against Rs 256 crore in the same quarter of the previous financial year, the company said in a regulatory filing.

Company’s consolidated net profit for the six months period ended 30 September 2019 increased 19 percent at Rs 22.99 crore as compared to Rs 19.33 crore in the same period of previous fiscal.

Omaxe Ltd’s consolidated total income fell 4 percent at Rs 614 crore for the six month period ended 30 September 2019 as compared to Rs 642.90 crore in the corresponding period of previous financial year. 

 

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