Aurum PropTech April-September total income Rs 136.7 crore, up 30% on-year

Realty developer Aurum Ventures-controlled listed information technology company Aurum PropTech has reported 30% on-year growth in total income at Rs 136.7 crores for the first half of the financial year 2024-25.

The company’s operating profit margin for the period witnessed 2,050 basis points improvement from a year ago to 19.5%, the company said in a regulatory filing.

The first half ended in September has demonstrated revenue growth continuum, enhanced revenue quality and improved path to profitability. Profitability metrics across operating profit, adjusted operating profit and profit before tax demonstrated a year-on-year improvement in trend.


The company has reorganised its business into three segments with a focus on rental, distribution and capital offerings.

“Our H1 FY25 results demonstrated growth across rental, resilience across distribution and institutionalisation across the capital business segment. Our commitment on profitable path to growth with a focus enhanced revenue quality and scale was demonstrated in our business performance across all three segments,” said Onkar Shetye, Executive Director of Aurum PropTech.

Rental business segment showed 32% revenue growth majorly driven by expansion in rental offerings and improved wallet share. The co-living business added two new cities, increased the number of properties and launched short stays contributing to higher revenue growth.

The family rentals business added more revenue streams with NestAway Lite and managed services thus increasing customer base and wallet share.

Distribution business segment saw an increased account base and account penetration. Addition of new locations has yielded outstanding results to the data analytics business. Realignment of the sales automation business brought more focus on technology, scale and improved profitability, Aurum PropTech said.

The company’s capital business segment commenced transformation of the fractional ownership business into SEBI regulated SM-REIT model.