Aurum PropTech Q3 results: Losses widen to Rs 21.32 core

Total income, however, increased to Rs 62.09 crore during October-December period of this fiscal, from Rs 41.15 crore in the corresponding period of the previous year, according to a regulatory filing.

Aurum PropTech Q3 results: Losses widen to Rs 21.32 core
Founded in 2015, NestAway caters to individuals looking for rental housing in major cities. Image Courtesy: Reuters.

Realty firm Aurum PropTech Ltd on Thursday reported a consolidated net loss of Rs 21.32 crore for the quarter ended December. Its net loss stood at Rs 10.94 crore in the year-ago period.

Total income, however, increased to Rs 62.09 crore during October-December period of this fiscal, from Rs 41.15 crore in the corresponding period of the previous year, according to a regulatory filing.

In June last year, Aurum PropTech had acquired up to 100 per cent stake in home rental platform NestAway Technologies for a cash consideration of up to Rs 90 crore.

Founded in 2015, NestAway caters to individuals looking for rental housing in major cities.

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Updated: Thu, Jan 18, 2024
09:24 PM IST
PTI
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