Aurum PropTech Limited — Updates, 20-01-2025: Press Release
Aurum PropTech reports a robust 24% year-on-year revenue growth, reaching ₹206.9 crores for the nine-month period ending December 2024. This growth is complemented by notable improvements in profitability metrics, with PBT rising from -42.5% to -17.1% of total income, while EBITDA soared to 21.2%. The rental segment, which manages 33,500 units, experienced a 28% growth, supported by high demand and innovations like NestAway Lite. Meanwhile, the distribution segment also thrived, with a 35% revenue increase attributed to enhanced performance in marketing automation through Aurum Analytica and Sell.do. The company's ongoing consultations with SEBI regarding the SM-REIT application could open substantial opportunities, highlighting a positive outlook for future growth.
