December 06, 2016 6:27 PM ET

Real Estate Management and Development

Company Overview of Lavasa Corporation Limited

Company Overview

Lavasa Corporation Limited develops and manages a hill city in India. Its portfolio includes R&D and training centers, IT and biotech industry, KPOs and those related to art, fashion, and animation companies; hospitality, tourism, health, education, and IT and ITES industries; lakeside apartments, villas, rental housing, and retiree housing; and studio apartments, starter homes, and workforce apartments. Lavasa Corporation Limited was formerly known as The Lake City Corporation Limited and changed its name to Lavasa Corporation Limited in June 2004. The company was incorporated in 2000 and is based in Mumbai, India. Lavasa Corporation Limited operates as a subsidiary of HCC Real Estate Ltd.

Hincon House

11th Floor

247 Park

Lal Bahadur Shastri Marg, Vikhroli (West)

Mumbai,  400083

India

Founded in 2000

801 Employees

Phone:

91 22 4025 6000

Fax:

91 22 4025 6889

Key Executives for Lavasa Corporation Limited

Chief Executive Officer and President
Age: 57
Chief Financial Officer
Age: 61
Deputy Chief Operating Officer
Age: 42
Chief Town Planner, Chairman of SPA and Chief Executive Officer of SPA
Age: 70
Senior Vice President of Marketing
Age: 47
Compensation as of Fiscal Year 2016.

Lavasa Corporation Limited Key Developments

Lavasa Corporation Limited Reports Audited Standalone Earnings Results for the Second Half and Full Year Ended March 31, 2016

Lavasa Corporation Limited reported audited standalone earnings results for the second half and full year ended March 31, 2016. For the second half, the company reported net sales/income from operations of INR 178.634 million compared to INR 715.635 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 504.298 million compared to INR 1,133.155 million a year ago. Loss from ordinary activities before tax was INR 1,595.809 million compared to INR 614.709 million a year ago. Net loss was INR 1,595.09 million compared to INR 437.573 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 2.02 compared to INR 0.58 a year ago. For the full year, the company reported net sales/income from operations of INR 592.051 million compared to INR 2,571.571 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,589.736 million compared to INR 2,941.925 million a year ago. Loss from ordinary activities before tax was INR 2,353.299 million compared to INR 484.901 million a year ago. Net loss was INR 2,159.065 million compared to INR 369.148 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 2.75 compared to INR 0.50 a year ago.

Lavasa Corporation Limited, Board Meeting, Apr 26, 2016

Lavasa Corporation Limited, Board Meeting, Apr 26, 2016. Agenda: To consider audited standalone earnings results for the second half and full year ended March 31, 2016.

Lavasa Corporation Limited Reports Unaudited Standalone Earnings Results for the First Half Ended September 30, 2015

Lavasa Corporation Limited reported unaudited standalone earnings results for the first half ended September 30, 2015. For the first half, the company reported net sales/income from operations of INR 413.418 million compared to INR 1,855.936 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,085.438 million compared to profit from operations before other income, finance costs and exceptional items of INR 1,808.77 million a year ago. Loss from ordinary activities before tax was INR 757.49 million compared to profit from ordinary activities before tax of INR 129.908 million a year ago. Net loss was INR 563.256 million compared to net profit of INR 68.425 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.73 compared to basic and diluted profit per share before and after extraordinary items of INR 0.07 a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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