Profit

Expect to sell 9-12 million square feet of land in FY13: Omaxe

PUBLISHED ON: May 31, 2012 | Duration: 3 min, 37 sec

  
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Real estate firm Omaxe posted a two-fold jump in its consolidated net profit at Rs 23.73 crore for the March quarter. Sudhangshu S Biswal, President-Corporate Finance, Omaxe Ltd told NDTV Profit that the company sold 1.53 million square feet land in the fourth quarter. "We expect to sell 9-12 million square feet of land in FY13," he said.
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