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Omaxe posts net loss of ₹186 crore in Q1 FY26
Omaxe posts net loss of ₹186 crore in Q1 FY26

Time of India

time2 days ago

  • Business
  • Time of India

Omaxe posts net loss of ₹186 crore in Q1 FY26

NEW DELHI: Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 185.77 crore in the first quarter of this financial year on lower income. Its net loss stood at Rs 146.98 crore in the year-ago period. Total income also declined to Rs 298.03 crore in the April-June period of 2025-26 fiscal against Rs 385.23 crore in the corresponding period of the preceding year, according to a regulatory filing last week. Omaxe, which is one of the leading real estate firms in the country, has a presence in 30 cities across eight states of North and Central India. It has delivered more than 135 million sq ft of area since its inception. Last month, Omaxe Ltd bought 450-acre land in Indore , Madhya Pradesh, to develop a township at an investment of Rs 1,200 crore. Recently, the company raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth.

Omaxe Ltd posts Rs 186 cr net loss in June quarter
Omaxe Ltd posts Rs 186 cr net loss in June quarter

Economic Times

time2 days ago

  • Business
  • Economic Times

Omaxe Ltd posts Rs 186 cr net loss in June quarter

Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 185.77 crore in the first quarter of this financial year on lower income. ADVERTISEMENT Its net loss stood at Rs 146.98 crore in the year-ago period. Total income also declined to Rs 298.03 crore in the April-June period of 2025-26 fiscal against Rs 385.23 crore in the corresponding period of the preceding year, according to a regulatory filing last week. OmOmaxe, which is one of the leading real estate firms in the country, has a presence in 30 cities across eight states of North and Central India. It has delivered more than 135 million sq ft of area since its inception. Last month, Omaxe Ltd bought 450-acre land in Indore, Madhya Pradesh, to develop a township at an investment of Rs 1,200 crore. Recently, the company raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth. (You can now subscribe to our ETMarkets WhatsApp channel)

Omaxe Ltd posts Rs 186 cr net loss in June quarter
Omaxe Ltd posts Rs 186 cr net loss in June quarter

Time of India

time2 days ago

  • Business
  • Time of India

Omaxe Ltd posts Rs 186 cr net loss in June quarter

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 185.77 crore in the first quarter of this financial year on lower net loss stood at Rs 146.98 crore in the year-ago income also declined to Rs 298.03 crore in the April-June period of 2025-26 fiscal against Rs 385.23 crore in the corresponding period of the preceding year, according to a regulatory filing last which is one of the leading real estate firms in the country, has a presence in 30 cities across eight states of North and Central India. It has delivered more than 135 million sq ft of area since its month, Omaxe Ltd bought 450-acre land in Indore, Madhya Pradesh, to develop a township at an investment of Rs 1,200 the company raised Rs 500 crore from Oaktree Capital Management for development of its existing projects and future growth.

Omaxe Ltd posts Rs 186 cr net loss in June quarter
Omaxe Ltd posts Rs 186 cr net loss in June quarter

News18

time2 days ago

  • Business
  • News18

Omaxe Ltd posts Rs 186 cr net loss in June quarter

Agency: PTI Last Updated: New Delhi, Aug 18 (PTI) Realty firm Omaxe Ltd has posted a consolidated net loss of Rs 185.77 crore in the first quarter of this financial year on lower income. Its net loss stood at Rs 146.98 crore in the year-ago period. Total income also declined to Rs 298.03 crore in the April-June period of 2025-26 fiscal against Rs 385.23 crore in the corresponding period of the preceding year, according to a regulatory filing last week. OmOmaxe, which is one of the leading real estate firms in the country, has a presence in 30 cities across eight states of North and Central India. It has delivered more than 135 million sq ft of area since its inception. Last month, Omaxe Ltd bought 450-acre land in Indore, Madhya Pradesh, to develop a township at an investment of Rs 1,200 crore. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Omaxe buys 450-acre land in Indore, to invest Rs 1,200 crore
Omaxe buys 450-acre land in Indore, to invest Rs 1,200 crore

Time of India

time08-07-2025

  • Business
  • Time of India

Omaxe buys 450-acre land in Indore, to invest Rs 1,200 crore

Realty developer Omaxe Ltd has acquired 450-acre land in Indore to develop an integrated township with an investment of Rs 1,200 crore. The company is expected to generate Rs 2,500 crore in revenue over the next three years. Funding will be secured primarily through internal accruals, in line with Omaxe's financial approach. 'We have consistently believed in the long-term growth potential of cities like Indore, and this township is designed to be a future-ready ecosystem, combining high-quality residential, commercial, educational, and healthcare infrastructure,' said Mohit Goel, Managing Director, Omaxe Ltd. The upcoming township will feature a mix of residential plots and housing clusters, commercial and retail zones, hospitality spaces, school and healthcare facilities and parks, green belts, and integrated public amenities. Omaxe first entered the Madhya Pradesh market in 2005 with its integrated township Omaxe City-1 in Indore. Over the past two decades, the company has built a foundation in the state across Indore, Ujjain, and Ratlam, with a land bank of approximately 1170 acres. In Indore, the company has developed OmaxeCity-1 (330 acres), Omaxe City-2 (88.4 acres), Omaxe Hills (90 acres), Omaxe Pratham (50 acres )and the newly announced township on the Super Corridor (450 acres). In Ujjain, its presence includes Omaxe City-1 (75 acres) and two proposed joint venture projects, Omaxe City-2 and City-3, each spread across 50 acres. In Ratlam, Omaxe is developing Omaxe City in over 35 acres. With 15 projects already delivered in the state and two more scheduled for completion in the next quarter, Omaxe continues to focus on timely execution and community-building across its portfolio.

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