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Aurum PropTech Limited — Earnings Release 2024
Jul 18, 2023
62518_rns_2023-07-18_053d7499-0870-49fb-acb0-f2226fc64048.pdf
Earnings Release
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Date: July 18, 2023
Listing Department BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai - 400 001
BSE Script Code: 539289
Listing Department National Stock Exchange of India Limited Bandra Kurla Complex Bandra East Mumbai – 400 051 NSE Symbol: AURUM
Dear Sir/Madam,
Sub.: Media Release - Consolidated and Standalone Unaudited Financial Results for quarter ended June 30, 2023.
In continuation of our letter of today’s date on the Consolidated and Standalone Unaudited Financial Results for the quarter ended June 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 ended June 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
SONIA Digitally signed by SONIA HITESH HITESH JAIN JAIN Date: 2023.07.18 16:51:24 +05'30'
Sonia Jain Company Secretary & Compliance Officer
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MEDIA RELEASE
18[th] July 2023
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CONSOLIDATED RESULTS FOR THE QUARTER ENDED 30[th] JUNE 2023
Aurum PropTech continues its Growth Momentum
Total Income at ₹ 47.7 crores EBIDTA Positive for the 3[rd] Consecutive Quarter
Successful acquisition of NestAway Technologies
Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS (Q1 FY2024 vs Q1 FY2023)
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Revenue from Operations in Q1 FY2024 at ₹ 44.2 crores as compared to ₹ 14.6 crores in Q1 FY2023 up by 202%.
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Total Income in Q1 FY2024 at ₹ 47.7 crores as compared to ₹ 15.7 crores in Q1 FY2023 up by 203.5%.
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EBITDA for Q1 FY2024 at ₹ 1.8 crores as compared to ₹ (5.7) crores in Q1 FY2023.
Commenting on the results, Onkar Shetye, Executive Director, Aurum PropTech said: “We are pleased to announce revenue growth of 3x over the last year. This growth can be attributed to the strong intrinsic growth of its individual businesses, indicating exponential growth overall. The strategic acquisition of NestAway further strengthens our offerings and contributes to building a robust ecosystem.
With each passing quarter, we are constantly demonstrating our commitment to profitable growth, innovation and the creation of a holistic ecosystem that leverages technology, data, capital and services in the realm of PropTech.”
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MEDIA RELEASE
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 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-toend 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 forward-looking statements, which involve a number of 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 Company Secretary & Compliance Officer Email:[email protected] |
Vanessa Fernandes Investor Relations Email:[email protected] |
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