Aurum Proptech Reports Q4 FY24 Net Loss: Rs.46.5 Mn

03 May 2024 CW Team

Aurum Proptech, a notable player in the real estate technology sector, has disclosed a net loss of Rs.46.5 million for the fourth quarter of fiscal year 2024. This financial report highlights the challenges faced by the company amidst the evolving dynamics of the real estate industry.

The net loss posted by Aurum Proptech underscores the need for strategic adjustments and enhanced operational efficiency to navigate through the complexities of the market. Despite the adverse financial performance in Q4 FY24, the company remains focused on implementing measures to improve its profitability and sustainability.

Aurum Proptech's financial results reflect the impact of various factors, including market conditions, competitive pressures, and operational expenses. The company's management is actively evaluating strategies to address the root causes of the net loss and drive positive outcomes in the future quarters.

While facing challenges, Aurum Proptech continues to leverage its technological capabilities and industry expertise to innovate and deliver value-added solutions to its clients. The company remains committed to its mission of driving digital transformation and efficiency in the real estate sector.

Overall, Aurum Proptech's disclosure of a net loss in Q4 FY24 underscores the importance of agility and adaptability in responding to market dynamics. As the company continues to refine its strategies and offerings, it aims to position itself for sustainable growth and success in the evolving real estate technology landscape.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..