India's Aurum Proptech falls as net loss widens in June quarter

Aurum Proptech

19/07/2023 06:47

** Shares of Aurum Proptech  AURP.NS  lost as much as 5.21%
to 124.60 rupees
    ** Co, a software solutions provider for the real estate
industry, reported a consolidated net loss in June quarter
widened to 126.2 mln rupees ($1.54 million) from 68.5 mln rupees
year ago
    ** Revenue from operations tripled Y/Y, but AURP still
reported core loss of 17.5 mln rupees 
    ** Trading volume is 100,416 shares as of 11:03 a.m. IST,
0.9x the 30-day avg - Refinitiv data
    ** Stock up 1% in 2023 so far compared to more-than-9% rise
in benchmark Nifty 50  .NSEI 


($1 = 82.0750 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))