Realty company Omaxe announced Q4FY22 results: Reported Consolidated Income from Operations of Rs 637.94 crore in FY22 as compared to Rs 514.59 crore in FY21. Consolidated Net profit /(Loss) stood at Rs (161.61) crore in FY22 as against Rs (235.21) crore in FY21. In Q4FY22, the consolidated income from operations stood at Rs. 172.86 crore as compared to Rs. 191.87 crore in Q4FY21. Consolidated Net Profit/(Loss) in Q4FY22 stood at Rs (36.62) crore as compared to Rs 0.54 crore posted in Q4FY21. Mr. Atul Banshal, Director-Finance, Omaxe Limited said: "The real estate sector has shown a strong recovery in FY2021-22. The overall economic growth and infrastructure development in Tier 2/3 cities is being reflected on the property sales. We expect this growth momentum to attain a higher trajectory going forward on account of strong homebuyers’ sentiments. Property seekers have responded positively to our residential and commercial offerings and we will continue to launch more projects that cater to their needs. We also expect strong delivery in FY22-23 which will contribute in higher sales & profitability." Result PDF