Aurum Proptech Q2 2025: Losses Halve but Profitability Challenge Remains

Aurum Proptech, the parent company of India's largest rental platform NestAway, has released its financial statement for the second quarter of the 2025 financial year after sustained losses.

Highlights:

• Losses for the quarter halved year-on-year to INR121 million ($1.4 million)
• Revenues of INR676 million ($8 million)
• EBITDA of INR145 million ($1.72 million)
• Half-year revenues up 30% YoY to INR1 billion ($12.5 million)

The Group is not wholly reliant on NestAway to generate revenue, but the Group's Rental segment (driven by NestAway) contributed a significant 58% of revenues for the first half of the year. The Distribution segment is the next biggest driver of revenue at 29%, with the remaining 13% of revenues attributable to the Capital and Other segments.

Aurum Proptech highlighted NestAway's 'lite' and 'managed services' increasing their customer bases respectively in the first half of the year, while the co-living business expanded to two new cities, Ahmedabad and Goa.

Aurum recently doubled its stake in the Sell.do CRM provider to 83.6% (from 44%) to align more closely with the Group's Distribution segment thanks to Sell-do's connections with over 650 developers in India.

The narrative is one of a very clear recovery by Aurum but there is still some way to go before the Group achieves profitability in the highly competitive Indian residential real estate market, where players like Housing.com (REA India) and MagicBricks dominate the market and are fighting for market leadership.