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Aurum PropTech Limited Earnings Release 2024

Jan 18, 2024

62518_rns_2024-01-18_111223f4-dd48-4ce9-b79d-f904c1d54a67.pdf

Earnings Release

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Date: January 18, 2024 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 Scrip Code: 539289 NSE Symbol: AURUM

Dear Sir/Madam,

Sub.: Media Release - Consolidated and Standalone Unaudited Financial Results for the quarter ended December 31, 2023.

In continuation of our letter of January 18, 2024 on the Consolidated and Standalone Unaudited Financial Results for the quarter ended December 31, 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 December 31, 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)

Sonia Digitally signed by Sonia Hitesh Jain Hitesh Jain Date: 2024.01.18 15:10:08 +05'30'

Sonia Jain Company Secretary & Compliance Officer

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MEDIA RELEASE

18[th] January 2024

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CONSOLIDATED RESULTS FOR THE QUARTER ENDED 31[st] DECEMBER 2023

Aurum PropTech continues its Growth Momentum

Total Income at ₹ 62.09 crores, up by 51% Y-o-Y

Positive EBIDTA of 4%

Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS (Q3 FY2024 vs Q3 FY2023)

  • Revenue from Operations in Q3 FY2024 at ₹ 57.31 crores as compared to ₹ 38.56 crores in Q3 FY2023 up by 49%.

  • Total Income in Q3 FY2024 at ₹ 62.09 crores as compared to ₹ 41.15 crores in Q3 FY2023 up by 51%.

  • EBITDA for Q3 FY2024 at ₹ 2.69 crores as compared to ₹ 1.96 crores in Q3 FY2023.

Q-o-Q CONSOLIDATED FINANCIAL HIGHLIGHTS (Q3 FY2024 vs Q2 FY2024)

  • Revenue from Operations in Q3 FY2024 at ₹ 57.31 crores as compared to ₹ 52.77 crores in Q2 FY2024 up by 9%.

  • Total Income in Q3 FY2024 at ₹ 62.09 crores as compared to ₹ 57.53 crores in Q2 FY2024 up by 8%.

  • EBITDA for Q3 FY2024 at ₹ 2.69 crores as compared to ₹ (2.85) crores in Q2 FY2024.

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MEDIA RELEASE

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

We are pleased to announce another quarter of consistent performance across revenue, profitability, user growth and tech innovation.

Total Income grew 1.5x Y-o-Y with an ARR of INR 248 crores. Our EBIDTA improved substantially, and we closed Q3 with positive EBIDTA, defying the trend of surmounting losses in tech businesses.

In a noteworthy achievement, NestAway was turned around in December 2023. This significant milestone was accomplished while maintaining a GTV of INR 41 crores and a Net Revenue of INR 7.7 crores for the quarter.

We are confidently moving forward, committed to making real estate consumers and enterprises Future-Ready through our Integrated PropTech Ecosystem, leveraging 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 thereal 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: [email protected] Email: [email protected]

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