Omaxe Ltd. Reports ₹186 Crore Net Loss in First Quarter

Imagine a company called Omaxe that builds houses and buildings.

They made less money than they did last year.

In the first few months of this year, they actually lost about 186 crore rupees, which is more than they lost during the same time last year.

Their income, or the money they brought in, was also lower.

Omaxe works in many cities in India and has built lots of buildings.

Recently, they bought a big piece of land to build a new neighborhood.