Emami Realty reports Q1 FY24 net loss of Rs 14.36 crore

08 Aug 2023 CW Team

Emami Realty announced that there was a net consolidated loss after tax of Rs 14.36 crore for the quarter ending on June 30, 2023. The corresponding quarter of the previous fiscal had seen a net consolidated profit after tax of Rs 14.10 crore, as stated in a BSE filing by the company.

During Q1 FY24, the net consolidated total income of the company was reported as Rs 170.72 million. This indicated a decrease of 66.98 percent compared to the figure of Rs 530.66 million recorded in the same quarter of the previous year.

In a move by the board of directors, Amit Kiran Deb was appointed as an additional director in the category of non-executive independent director. This appointment was made for a consecutive five-year period, starting from August 7, 2023, and lasting until August 6, 2028.

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