Tag: Oaktree Capital Management

IndustryLatest Stories

Omaxe Reports ₹186 Crore Net Loss in Q1 FY26

NEW DELHI: Omaxe Ltd reported a consolidated net loss of ₹185.77 crore for the first quarter of the current financial year, attributed to a decrease in income. In the same period last year, the company’s net loss was ₹146.98 crore. Total income decreased to ₹298.03 crore for the April-June 2025-26 quarter, down from ₹385.23 crore during the corresponding period in the previous year, as per a recent regulatory filing. Omaxe, a prominent real estate company in India, operates in 30 cities across eight North and Central Indian states, having delivered over 135 million sq ft of area since its establishment.…

IndustryLatest Stories

Omaxe Group Raises ₹500 Crore from Oaktree

Representative image created by AI NEW DELHI: The Omaxe Group has successfully secured ₹500 crore in funding from Oaktree Capital Management L.P. The financing will expedite the completion of residential, commercial, and public-private partnership (PPP) projects, enhancing the company’s infrastructure and growth initiatives. “This capital infusion allows us to accelerate construction, lessen market reliance, and strategically invest in new ventures aligned with our core markets,” stated Mohit Goel, the company’s Managing Director. Atul Banshal, the Finance Director, mentioned, “We have made significant strides to fortify our balance sheet and enhance financial flexibility in recent years, repaying substantial debt while maintaining…