Aurum PropTech Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 23, 2023 at 09:37 am EDT
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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 technology company. The Company is in the business of software development for real estate and other services relating to real estate. The Companyâs segments include Software as a Service (SaaS), Real Estate as a Service (RaaS) and others. The SAAS segment comprises activities where the Company derives from customers for the use of the IT products it owns. RAAS operations comprise activities where the Company derives from customers on the use of real estate-related services it provides. It creates and manages PropTech products, services and platforms across business-to-business (B2B), business-to-consumer (B2C), business-to-business-to-consumer (B2B2C), and direct-to-consumer (D2C) markets. Its products are distributed into four clusters, namely Invest & Finance, Enterprise Efficiency, Customer Experience, and Connected Living. All the products are automated through APIs and served through its integrated contact center capabilities.
AURUM PROPTECH LIMITED 
