Origin Corp, a name synonymous with excellence and innovation, has recently concluded an exceptional financial year and is now poised for an exciting future. In this blog, we’ll take a closer look at Origin’s performance over the last financial year and its projections for the current half-year, shedding light on its journey to success and ambitious goals.
Crafting Excellence One Brick at a Time
At this moment, Origin Corp is deeply immersed in seven ongoing projects, strategically positioned in the vibrant locales of Kandivali and Mira Road within Mumbai. Their noteworthy accomplishments span the creation of a colossal 18 lakhs square feet of property, including the construction of over 2,000 apartments, all achieved in a mere five years. This, however, is just the opening chapter of their compelling narrative, as they hold a significant land parcel primed for future projects spanning Mumbai and its suburbs.
Financial Performance in the Last Financial Year:
Origin Corp’s performance in the last financial year was nothing short of remarkable. The company exhibited stability, resilience, and the ability to adapt to the ever-changing business landscape. Let’s delve into the key highlights of its financial performance:
Revenue Growth:
Origin Corp achieved an impressive revenue growth of 125 Cr in the last financial year, a testament to its strong market presence and customer trust. This performance exceeded all expectations and solidified the company’s position as a market leader.
Profitability:
The Company’s profitability remained consistently strong. This solid financial foundation allowed Origin Corp to reinvest in its operations and expansion plans.
Customer Satisfaction:
Beyond the numbers, Origin Corp’s unwavering commitment to customer satisfaction was evident in its high customer retention rate and positive feedback. The company’s ability to meet and exceed customer expectations played a pivotal role in its financial success.
Next six months Projections:
With a strong foundation established in the last financial year, Origin Corp is now setting ambitious targets for the current half-year. Here’s a glimpse of what the company aims to achieve:
Revenue Milestone:
Origin Corp is determined to reach a revenue milestone of 300 crores in the current half-year. This ambitious goal reflects the company’s commitment to continued growth and success. Achieving this milestone would further establish Origin Corp as a dominant force in real estate sector.
Expansion Projects:
The Company is set to launch 2-3 new projects with a combined area of approximately 7 Lakhs sq. ft. by March 2024. These projects are not only expected to boost sales but also contribute to the enhancement of the local business landscape. Origin Corp’s emphasis on growth and innovation is evident in these expansion plans.
Sustainability Initiatives:
Origin Corp recognizes the importance of environmental responsibility and sustainability. In the coming months, the company plans to implement various sustainability initiatives to reduce its carbon footprint and promote a greener future.
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