CONSOLIDATED RESULTS FOR THE YEAR ENDED 31st MARCH 2024
Aurum PropTech accelerates its Growth Momentum Revenue from Operations at ₹ 214 crores, up by 69% Y-o-Y EBIDTA margin improved by over 1150 bps Y-o-Y
Y-o-Y CONSOLIDATED FINANCIAL HIGHLIGHTS ( FY2024 vs FY2023)
• Revenue from Operations in FY2024 at ₹ 214.05 crores as compared to ₹ 126.87 crores
in FY2023 up by 69%.
• Total Income in FY2024 at ₹ 233.07 crores as compared to ₹ 139.04 crores in FY2023
up by 68 %.
• EBITDA for FY2024 at ₹ 22.12 crores as compared to ₹ (2.90) crores in FY2023,
improving EBITDA margins significantly.
Q-o-Q CONSOLIDATED FINANCIAL HIGHLIGHTS (Q4 FY2024 vs Q4 FY2023)
• Revenue from Operations in Q4 FY2024 at ₹59.81 crores as compared to ₹ 57.31 crores
in Q3 FY2024 up by 4%.
• Total Income in Q4 FY2024 at ₹ 65.73 crores as compared to ₹ 62.09 crores in Q3 FY2024
up by 6 %.
• EBITDA for Q4 FY2024 at ₹ 20.47 crores as compared to ₹ 2.71 crores in Q3 FY2024.
Commenting on the results, Onkar Shetye, Executive Director, Aurum PropTech said:
We are pleased to announce another year of consistent performance across revenue, road to profitability, user growth and tech innovation.
Total Income grew to INR 233 crores, demonstrating a robust 68% Y-o-Y growth with EBIDTA improving to 9.9%, displaying a sustained EBIDTA margin improvement of ~ 1150 BPS Y-o-Y. This year is also special as we were able to make a notable acquisition and turnaround of the country’s largest rental market place, NestAway Technologies.
We are confidently moving forward, committed to our goal of making rental, distribution and capital value chain in real estate 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.
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