Latest News | Omaxe Posts Nearly Rs 50 Cr Net Loss in June Quarter

New Delhi, Aug 10 (PTI) Realty firm Omaxe Ltd on Wednesday reported its consolidated net loss at Rs 49.69 crore for the quarter ended June.

Its net loss stood at Rs 44.94 crore in the year-ago period.

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However, the total income from operation rose to Rs 123.75 crore in the first quarter of this fiscal from Rs 89.48 crore in the corresponding period last year, the company said in a regulatory filing.

Delhi-based Omaxe is one of the leading real estate developers in North India.

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)