The subsidiary will carry on the business of construction and real-estate development. Omaxe is engaged in real estate development. On consolidated basis, the company reported a net loss of Rs 39.28 crore as against a net profit of Rs 23 lakh in Q4 FY22 over Q4 FY21. Net sales were up 0.4% year on year to Rs 168.10 crore during the quarter. Shares of Omaxe fell 2.10% to end at Rs 83.75 on Friday. Powered by Capital Market – Live News
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