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Home > Forum > Delhi > Real estate News > Omaxe realty developers

Omaxe realty developers

Q: hey... i heard about the net profits of Omaxe reality developers have fallen..

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Replies (2)
1
yeah... in a report to the BSES, the company has reported that the income from operations fell by 40% during the last quarter of 2013.
Tushar Sinha


well the company top officials say that the demand in the first quarter of 2014 will be slow while the tier II and III cities will have demand and contribute to the topline..
high interest rates are already playing spoilsport..and it looks like the company is giving out various offers to tackle this...
Shilpa,  Noida
12th February 2014


2
hi Iram, even i read about that..its seems that in the third quarter the consolidated net profits have fallen by 44 % to close at 16.24 crores in dec 2013 while the company had profits of Rs 28.85 crore in the same quater of 2012...
Anwar Mohammed


3

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