Aurum PropTech Limited — Earnings Release 2024

Oct 23, 2023

==> picture [584 x 119] intentionally omitted <==

Date: October 23, 2023

Listing Department Listing Department BSE Limited National Stock Exchange of India Phiroze Jeejeebhoy Towers Limited Dalal Street, Fort, Bandra Kurla Complex Mumbai - 400 001 Bandra East Mumbai – 400 051 BSE Script Code: 539289 NSE Symbol: AURUM

Dear Sir/Madam,

Sub.: Media Release - Consolidated and Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2023.

In continuation of our letter of October 23, 2023 on the Consolidated and Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2023, we send herewith a copy of Media Release being issued by the Company in this regard.

The Consolidated and Standalone Unaudited Financial Results for the quarter and half year ended September 30, 2023, approved by the Board of Directors and the Media Release thereon will also be available on the Company’s website www.aurumproptech.in.

You are requested to take the above on record.

Thanking you.

Yours faithfully,

For Aurum PropTech Limited

(Formerly known as Majesco Limited)

Digitally signed Sonia by Sonia Hitesh Jain Hitesh Jain Date: 2023.10.23 19:13:16 +05'30'

Sonia Jain Company Secretary & Compliance Officer

==> picture [596 x 85] intentionally omitted <==

23[rd] October, 2023

==> picture [589 x 65] intentionally omitted <==

MEDIA RELEASE

CONSOLIDATED RESULTS FOR THE HALF-YEAR ENDED 30[th] SEPTEMBER 2023

Aurum PropTech continues its Growth Momentum

Total Income at ₹ 105.2 crores, up by 126% Y-o-Y

Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS (H1 FY2024 vs H1 FY2023)

• Revenue from Operations in H1 FY2024 at ₹96.93 crores as compared to ₹42.94 crores in H1 FY2023 up by 126%.

• Total Income in H1 FY2024 at ₹ 105.24 crores as compared to ₹ 46.56 crores in H1 FY2023 up by 126%.

• EBITDA for H1 FY2024 at ₹ (1.05) crores as compared to ₹ (9.12) crores in H1 FY2023.

Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS (Q2 FY2024 vs Q2 FY2023)

• Revenue from Operations in Q2 FY2024 at ₹ 52.77 crores as compared to ₹28.3 crores in Q2 FY2023 up by 86%.

• Total Income in Q2 FY2024 at ₹ 57.53 crores as compared to ₹ 30.84 crores in Q2 FY2023 up by 87%.

• EBITDA for Q2 FY2024 at ₹ (2.85) crores as compared to ₹ (3.43) crores in Q2 FY2023.

==> picture [595 x 86] intentionally omitted <==

==> picture [589 x 65] intentionally omitted <==

MEDIA RELEASE

Commenting on the results, Onkar Shetye, Executive Director, Aurum PropTech said:

We are pleased to announce consistent revenue growth Q-o-Q across our businesses. Our tech platforms enabled 60,000+ homebuyers and 10,000+ renters to find a solution for their purchase and rental needs.

This quarter, we significantly reduced NestAway's losses from 85% EBIDTA (pre-acquisition) to 17% EBIDTA, which puts us on track to break-even by the end of this financial year.

As we progress into the second half of the year, we reaffirm our commitment to deepening our PropTech Ecosystem through an integrated play of technology, data, capital and services.

About Aurum PropTech:

Aurum PropTech Limited (www.aurumproptech.in) is a company listed 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 the real estate sector through its Integrated PropTech Ecosystem.

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 the real estate sector through its PropTech Ecosystem.

Forward looking statements :

Certain statements in this media release, concerning our future growth prospects are forwardlooking statements, which involve several risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

For details please contact:

Sonia Jain Vanessa Fernandes Company Secretary & Compliance Officer Investor Relations Email: investors@aurumproptech.in Email: investors@aurumproptech.in

==> picture [595 x 86] intentionally omitted <==