Employee benefits were the largest expense at 43 percent of total costs.
According to the company's provisional financial statements for the last financial year, employee benefit costs rose 17 per cent to over Rs 534 crore from Rs 456 crore in FY2013.
On the revenue side, Square Yards crossed the Rs 1,000 crore mark during the last financial year.
According to T Report, the Indian business contributed 79 percent to its revenue.
According to the company, it achieved EBITDA profitability for the entire FY24.
Additionally, the company reached operating cash flow breakeven in H2FY24.
According to Ntracker, the gross transaction value (GTV) of square yards is expected to grow by over 76 per cent to Rs 40,828 crore in FY2024 from Rs 22,871 crore during FY2023.
Square Yards is an integrated platform for real estate and mortgage offering real estate journey from search and discovery, transactions, home loan rental, property management and after sales services.
It also has presence in Dubai and some other countries.
According to the company's provisional financial statements for the last financial year, employee benefit costs rose 17 per cent to over Rs 534 crore from Rs 456 crore in FY2013.
On the revenue side, Square Yards crossed the Rs 1,000 crore mark during the last financial year.
According to T Report, the Indian business contributed 79 percent to its revenue.
According to the company, it achieved EBITDA profitability for the entire FY24.
Additionally, the company reached operating cash flow breakeven in H2FY24.
According to Ntracker, the gross transaction value (GTV) of square yards is expected to grow by over 76 per cent to Rs 40,828 crore in FY2024 from Rs 22,871 crore during FY2023.
Square Yards is an integrated platform for real estate and mortgage offering real estate journey from search and discovery, transactions, home loan rental, property management and after sales services.
It also has presence in Dubai and some other countries.
