Tata Housing Development Company reports standalone net loss of Rs 68.11 crore in the March 2024 quarter

Sales decline 17.32% to Rs 34.99 crore

Net Loss of Tata Housing Development Company reported to Rs 68.11 crore in the quarter ended March 2024 as against net loss of Rs 118.15 crore during the previous quarter ended March 2023. Sales declined 17.32% to Rs 34.99 crore in the quarter ended March 2024 as against Rs 42.32 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 364.14 crore in the year ended March 2024 as against net loss of Rs 485.14 crore during the previous year ended March 2023. Sales declined 63.41% to Rs 139.51 crore in the year ended March 2024 as against Rs 381.32 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales34.9942.32 -17 139.51381.32 -63 OPM %-312.32-376.30 --258.67-171.46 - PBDT-64.72-112.52 42 -354.42-464.06 24 PBT-67.14-114.47 41 -363.82-472.90 23 NP-68.11-118.15 42 -364.14-485.14 25

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