IT Dept continues searches at Omaxe for 3rd straight day, Rs 20 crore recovered so far
The Income Tax department has also detected unaccounted transactions amounting to Rs 200 crore during the raids at Omaxe premises.
Mar 16, 2022, 15:23 PM ISTI-T dept searches Omaxe group premises in NCR, others
At least 30 locations in Delhi-NCR and few others in Uttar Pradesh and Punjab are being covered where the tax department officers are looking at company documents and financial transactions primarily related to their real estate business, they said.
Mar 15, 2022, 08:33 AM ISTOmaxe Q1 net profit rises 40% to Rs 16.83 crore
The company had posted a net profit of Rs 12.03 crore in the year-ago period, Omaxe said in BSE filing.
Aug 06, 2015, 18:15 PM ISTOmaxe leases 2 lakh sq ft of retail space to Chinese firms
Realty firm Omaxe on Friday said it has leased 2 lakh sq ft of retail space to Chinese companies in its commercial project at Greater Noida.
May 15, 2015, 22:08 PM ISTOmaxe's gross debt rises by 5 pc to Rs 1,147 cr during Dec qtr
On operational performance, Omaxe said that sale bookings fell by 42 percent to 1.18 million sq ft during October- December as against 2.05 million sq ft in the year-ago period.
Feb 01, 2015, 16:12 PM ISTOmaxe Q3 net profit down 14% at Rs 13.92 crore
Realty firm Omaxe on Thursday reported 14 per cent decline in its consolidated net profit at Rs 13.92 crore for the quarter ended December 2014 on lower sales.
Jan 29, 2015, 20:15 PM ISTOmaxe plans to raise up to Rs 500 cr via debt securities
The board also constituted a committee and delegated the powers for further actions in this regard, the filing added.
Dec 02, 2014, 21:32 PM ISTOmaxe plans to raise Rs 100 cr via debt securities
He said the company would utilise the fund on construction activities of existing projects.
Nov 25, 2014, 23:16 PM ISTOmaxe plans to raise Rs 300 cr
The funds would be raised by diluting promoters' stake by 8-10 percent depending on the market conditions.
Jun 29, 2014, 13:38 PM ISTOmaxe's gross debt reduced by 42% in 5 years
In the last 5 years, the company has seen its debt-equity ratio coming down by close to 60 percent from 1.15 in FY'10 to 0.48 in FY'14.
Jun 24, 2014, 18:48 PM IST