Aurum PropTech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 23, 2023 at 02:37 pm
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Aurum PropTech Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 527.7 million compared to INR 283 million a year ago. Revenue was INR 575.3 million compared to INR 308.4 million a year ago. Net loss was INR 201 million compared to INR 79.3 million a year ago. Basic loss per share from continuing operations was INR 5.1 compared to INR 2.24 a year ago. Diluted loss per share from continuing operations was INR 5.1 compared to INR 2.24 a year ago.
For the six months, sales was INR 969.3 million compared to INR 429.4 million a year ago. Revenue was INR 1,052.4 million compared to INR 465.6 million a year ago. Net loss was INR 327.2 million compared to INR 147.8 million a year ago. Basic loss per share from continuing operations was INR 8.31 compared to INR 4.17 a year ago. Diluted loss per share from continuing operations was INR 8.31 compared to INR 4.17 a year ago.
Aurum PropTech Limited is an India-based property technology (PropTech) company. The Company builds and operates PropTech products, services, and platforms catering to the intricacies of the business-to-business (B2B), business-to-consumer (B2C), business to business to consumer (B2B2C), and direct-to-consumer (D2C) real estate value chains. Its comprehensive suite of integrated ecosystems incorporates various technologies, such as artificial intelligence, machine learning, blockchain, augmented reality, and virtual reality. Its segments include Software as a Service (SAAS), Real Estate as a Service (RAAS) and Others. Its products include technology, capital and services. Its technologies include Sell.Do (customer relationship management), Nestaway (managed home rental), Aurum Analytica (data analytics), AurumLiv (transactions), TheHouseMonk (property management) and TheOfficeMonk (Commercial PMS). Its capital products include Integrow Asset Management, Aurum WiseX and Aurum KuberX.