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Omaxe Q2 net profit falls 43% to Rs 10.68 cr

Its net profit stood at Rs 18.81 crore in the year ago period, the Delhi-based company said in a regulatory filing.

November 14, 2018 / 09:38 PM IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

 
 
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Realty firm Omaxe reported a 43 percent decline in consolidated net profit at Rs 10.68 crore for the quarter ended September due to higher expenditure on construction.

Its net profit stood at Rs 18.81 crore in the year ago period, the Delhi-based company said in a regulatory filing.
PTI
first published: Nov 14, 2018 09:21 pm
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