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Aurum PropTech Limited Earnings Release 2023

Jul 28, 2022

62518_rns_2022-07-28_1c56a6f3-32f0-4220-a1bb-13dcfc806a0f.pdf

Earnings Release

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28[th] July, 2022

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MEDIA RELEASE

CONSOLIDATED RESULTS FOR QUARTER ENDED 30[TH] JUNE, 2022

REVENUE FROM OPERATIONS DURING THIS QUARTER IS 92.7% OF THE REVENUE IN THE ENTIRE LAST YEAR

QUARTERLY CONSOLIDATED REVENUE FROM OPERATIONS AT ₹ 146.4 MILLION, UP 78.9% Q-o-Q

CONSOLIDATED RESULTS AT A GLANCE (1Q FY23 COMPARED WITH 1Q FY22)

  • Revenue from operations for the quarter was ₹ 146.4 million as compared to NIL in 1Q FY22

  • Total income for the quarter was ₹ 157.2 million as compared to ₹ 13.4 million in 1Q FY22

  • EBITDA for the quarter was ₹ (56.9) million as compared to ₹ (29.8) million in 1Q FY22

Commenting on the results, Ashish Deora, Founder and CEO, Aurum Ventures said , "This is a landmark quarter for us as we have started experiencing significant growth from this quarter. We believe that this quarter has built a solid foundation for coming months to accelerate. We will continue to remain focused on executing an integrated digital and technology ecosystem delivering complete value chain of real estate.”

OPERATIONAL HIGHLIGHTS

(In ₹ million) 1QFY23 4QFY22 % change
Revenue from Operations 146.4 81.8 78.9%
Total income 157.2 95.9 63.9%
EBITDA (56.9) (62.2) 9.3%

www.aurumventures.in (formerly known as Majesco Limited) [email protected] CIN: L72300MH2013PLC244874 +91-22-2778 1271 Office Address: Aurum Q1, Aurum Q Parć, Thane Belapur Road, Navi Mumbai 400710, India

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MEDIA RELEASE

About Aurum PropTech:

Aurum PropTech Limited (www.aurumproptech.in) is a listed company with BSE Limited (Scrip code: 539289) and National Stock Exchange of India Limited (Scrip code: AURUM). It aims to bring transparency, trust and digital transformation in real estate sector through its Integrated PropTech Ecosystem covering Investment and Financing of Assets, Enterprise Efficiency, Customer Experience and Connected Living.

About Aurum Ventures:

Aurum Ventures (www.aurumventures.in) is a new age Real Estate Group with end-to-end capabilities from Acquisition, Design, Execution, Project Management, Property Management, Sales, Leasing and Hospitality. It is bringing digital transformation to real estate sector through its PropTech Ecosystem.

For details please contact:

Khushbu RakhechaAurum PropTech LimitedEmail:[email protected] Asha GuptaInvestor Relations, Ernst & Young LLPEmail:[email protected]

www.aurumventures.in (formerly known as Majesco Limited) [email protected] CIN: L72300MH2013PLC244874 +91-22-2778 1271 Office Address: Aurum Q1, Aurum Q Parć, Thane Belapur Road, Navi Mumbai 400710, India