Omaxe Annual Business Report

Realty firm Omaxe on 26th may reported consolidate net profit of around four hundred ninety five crore rupees for the year ended 31 Mar 08, a more than two-fold jump over the preceding year.
The company had recorded a consolidated net profit of around two hundred forty four crore rupees in the earlier fiscal, Omaxe said in a statement.
The consolidated revenue rose by 60.26 % at Rs 2,307.75 crore in 2007-08 following solid demand in the property market, it said.
The company also pronounced a dividend of 25 % on equity shares for the FY ended 31 Mar 08.

This entry was written by manish, posted on May 27, 2008 at 3:54 am, filed under Real Estate News and tagged , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

2 Comments

  1. Vikas Bamotra
    Posted May 28, 2008 at 6:32 am | Permalink

    The Omaxe was originally set up as Omaxe Builders Private limited in 1989, promoted by Shri. Rohtas Goel , the founder, to undertake construction & contracting business. The company further changed its constitution to a limited company known as Omaxe Construction Ltd., in 1999. The name of the company has now changed to OMAXE LTD from 2006. The company began life as a civil construction and contracting company, has Successfully executed more than 120 prestigious Industrial, Institutional, Commercial, Residential and Hospital construction projects.

  2. Omaxe
    Posted August 19, 2008 at 3:22 am | Permalink

    In current time.Omaxe is leading real estate & property builders in india recently company luanches their new residential projects omaxe palm greens in greater noida
    its a good news for the investors, NRI and local Indian.

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