iGEN
Visit IGEN World Explore IGEN Expo
EXPLORE UPGRADE PLANS
BREAKING
Relay Q: London Startup's AI Microphone Puts Hands-Free Voice Dictation on the Desktop Google Pixel 10a Crowned Best Budget Pixel in WIRED's Updated 2026 Buying Guide Global Steel Wire seeks fresh Santander terminal concession Veritas Shipmanagement books fresh ultramax pair at COSCO yard, Splash247 reports Seanergy linked to fresh newcastlemax at Hengli as dry bulk orderbook grows Weaker rupee may push foreign assets over FAST-DS Rs 1 crore limit, raising tax bill 45 Indian power plants face critically low coal stocks as monsoon hits supply SFL Makes Fresh $363m Car Carrier Play With Four LNG Dual-Fuel Newbuilds Iran Blacklist Threatens Hormuz Shuttle Tanker Lifeline for Gulf Crude Keyfield International Enters Dredging Market with $24.7m Vessel Acquisition Relay Q: London Startup's AI Microphone Puts Hands-Free Voice Dictation on the Desktop Google Pixel 10a Crowned Best Budget Pixel in WIRED's Updated 2026 Buying Guide Global Steel Wire seeks fresh Santander terminal concession Veritas Shipmanagement books fresh ultramax pair at COSCO yard, Splash247 reports Seanergy linked to fresh newcastlemax at Hengli as dry bulk orderbook grows Weaker rupee may push foreign assets over FAST-DS Rs 1 crore limit, raising tax bill 45 Indian power plants face critically low coal stocks as monsoon hits supply SFL Makes Fresh $363m Car Carrier Play With Four LNG Dual-Fuel Newbuilds Iran Blacklist Threatens Hormuz Shuttle Tanker Lifeline for Gulf Crude Keyfield International Enters Dredging Market with $24.7m Vessel Acquisition
Home ›› Business ›› Markets ›› Indian ›› Aurum Proptech Q1 Net Profit Surges to ₹45 Crore on Sale of Navi Mumbai Buildings

Aurum Proptech Q1 Net Profit Surges to ₹45 Crore on Sale of Navi Mumbai Buildings

Aurum PropTech Ltd reported a consolidated net profit of ₹45.18 crore for the June quarter, reversing a year-ago loss, mainly due to gains from the sale of two commercial buildings in Navi Mumbai. Total income rose to ₹119.01 crore, and the company announced the acquisition of Housing.com for ₹458 crore.

iG
iGEN Editorial
July 20, 2026
Aurum Proptech Q1 Net Profit Surges to ₹45 Crore on Sale of Navi Mumbai Buildings

Realty firm Aurum PropTech Ltd on Monday reported a consolidated net profit of ₹45.18 crore for the quarter ended June, primarily driven by gains from the sale of two commercial buildings in Navi Mumbai, according to a regulatory filing. The company had posted a net loss of ₹10.02 crore in the year-ago period.

Financial Performance

Total income rose to ₹119.01 crore in the April-June quarter of 2026-27 from ₹73.88 crore in the corresponding period of the preceding year. For the full preceding fiscal 2025-26, the Mumbai-based company posted a net profit of ₹0.72 crore and total income of ₹412.43 crore.

Metric Q1 FY27 Q1 FY26 Full FY26
Net profit / (loss) ₹45.18 crore (₹10.02 crore) ₹0.72 crore
Total income ₹119.01 crore ₹73.88 crore ₹412.43 crore

Real Estate Transaction

The profit surge was mainly due to the sale of two commercial buildings in Navi Mumbai. In March, the company sold the properties for ₹112 crore, with the deal concluding in the June quarter. During the quarter ended June 30, 2026, a balance gain of ₹52.35 crore was recognised as Other Income from discontinued operations, the filing added.

Business Platforms

Aurum PropTech owns and operates several platforms — NestAway, HelloWorld, Aurum Analytica, Sell.do, and PropTiger — spanning rentals, coliving, data analytics, sales automation, and digital transactions.

Housing.com Acquisition

On July 16, Aurum PropTech announced the acquisition of real estate classified platform Housing.com for ₹458 crore in an all-equity share swap transaction as part of its expansion strategy. Onkar Shetyte, Executive Director of Aurum PropTech, described the move as a transformative milestone that brings India's leading real estate discovery platform into its ecosystem and forges a strategic alignment with Australia's REA Group.

"The combination brings Housing.com's trusted marketplace with over 58 million average monthly visits and 12 million monthly active users together with Aurum's integrated transaction ecosystem, laying the foundation for India's first AI-native real estate operating system," Shetye said.

Executive Commentary

Commenting on the quarter, Shetye said: "Q1 FY27 marks a defining start to the year for Aurum PropTech. We delivered our third consecutive profitable quarter, demonstrating that disciplined execution, improving unit economics and capital-efficient growth can coexist."

He added that the company's data analytics, transaction management, and sales automation businesses delivered profitable AI-led growth, while its co-living and family rental platforms achieved EBITDA profitability through stronger operational efficiency and greater scale.

Next Milestone

The company's strategic focus remains on integrating Housing.com and expanding its AI-native operating system, with investors watching for further margin improvements and revenue synergies in upcoming quarters.


Sources: Real-State

Keep Reading

Recommended Stories

Shriram Properties Q1 profit falls 46% to ₹11 crore on higher expenses Business

Shriram Properties Q1 profit falls 46% to ₹11 crore on higher expenses

Shriram Properties reported a 46% decline in Q1 FY27 consolidated net profit to ₹11.04 crore, driven by higher expenses and a loss in joint venture projects. Total income rose marginally to ₹271.04 crore, while sales bookings climbed 10% to ₹484 crore. The company's pipeline stood at 41 projects as of June 30, 2026.

August 13, 2026
Paradeep Phosphates Q1 net profit rises 24% to ₹393 crore on 36% revenue growth Business

Paradeep Phosphates Q1 net profit rises 24% to ₹393 crore on 36% revenue growth

Paradeep Phosphates Ltd reported a 24% year-on-year rise in Q1FY27 net profit to ₹393 crore, driven by a 36% revenue increase to ₹6,124 crore. The board also approved a ₹250-crore investment for an aluminium fluoride plant as part of its diversification into industrial chemicals.

July 28, 2026
Sobha Q1 Net Profit Surges Nearly 250% to ₹51 Crore on Strong New Launches Business

Sobha Q1 Net Profit Surges Nearly 250% to ₹51 Crore on Strong New Launches

Sobha Limited posted a 274% jump in Q1 FY27 net profit to ₹51 crore, with revenue rising 48% to ₹1,330 crore. The company achieved its highest-ever quarterly sales of ₹3,656 crore, driven by new project launches in Bangalore and Gurgaon.

July 20, 2026
Oberoi Realty Q1 Profit Surges 29% to ₹544.71 Crore on Strong Revenue Growth Business

Oberoi Realty Q1 Profit Surges 29% to ₹544.71 Crore on Strong Revenue Growth

Oberoi Realty posted a 29.3% year-on-year increase in consolidated net profit for the first quarter of FY27 to ₹544.71 crore, driven by 26.7% revenue growth. EBITDA rose 31% to ₹794.94 crore, with chairman Vikas Oberoi citing steady performance across residential, commercial, retail, and hospitality segments.

July 20, 2026