PropEquity (PROPEQUITY) Q2 24/25 earnings summary

Executive summary

• Consolidated revenue for the half year ended September 30, 2024, reached ₹256.3 million, up from ₹194.5 million year-over-year.

• Net profit after minority interest for the half year was ₹64.4 million, compared to ₹49.1 million in the prior year period.

• The group expanded into new business verticals, including PropAlert and a real estate-focused YouTube channel.

Financial highlights

• Consolidated net sales from operations were ₹228.1 million, with other income of ₹28.2 million for the half year.

• Total expenses increased to ₹166.6 million, mainly due to higher employee and professional costs.

• Earnings per share (basic and diluted) for the half year were ₹6.40, up from ₹4.86 year-over-year.

• Cash and cash equivalents at period end were ₹761.6 million, up from ₹685.4 million at the previous year end.

Outlook and guidance

• Expansion into B2C services and digital content is expected to open new revenue streams, including lead generation, brand partnerships, and education.