- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Zodiac Ventures' board approved its Q1 financial results, reporting a profit of 0.29 Cr, a significant turnaround from a loss in the prior year's quarter. Revenue from operations reached 0.63 Cr. The company has commenced construction on the Zodiac Guruchhaya Project, anticipating Rs 110 Cr in sales from its 33,000 sq ft residential development. For its 45-Juhu Residency project, a part Occupation Certificate is now secured, despite ongoing legal disputes with a joint developer where the company maintains confidence in a favorable outcome and recovery of project costs. Additionally, 2.23 Cr in advances for other real estate deals remain outstanding, which management expects to recover.