The fiscal year of 2023-2024 has been nothing short of exceptional for Xanadu, showcasing remarkable figures in sales, revenue, and EBITDA
As the curtain draws on another eventful year, Xanadu, India's leading real estate marketing and sales consulting powerhouse, reflects on a year marked by unprecedented growth, strategic partnerships, technological advancements, and a steadfast commitment to excellence.
The fiscal year of 2023-2024 has been nothing short of exceptional for Xanadu, showcasing remarkable figures in sales, revenue, and EBITDA. The statistics speak volumes, with a notable increase in sales and revenue by 72% and 148% respectively, compared to the previous year. These milestones signify the outcome of strategic expansion into new micro markets and major project launches, notably the luxury projects like Raheja Imperia and the consistent success of flagship ventures across different regions.
Moreover, the improvement in EBITDA percentage demonstrates Xanadu's commitment to operational efficiency through measures of cost optimization and automation, solidifying its position as a dynamic and forward-thinking entity in the real estate sector.
Xanadu's journey has been significantly bolstered by embracing cutting-edge technology. The introduction of the Xanadu Decision Engine (XDE)™ has empowered the sales team with real-time customer insights, leveraging Open AI. This tech-savvy approach extends to Microsoft Dynamics 365 Business Central for financial management, streamlined HR processes via Zing HR, and the implementation of LeadSquared for efficient order booking systems and automation. These advancements have elevated pre-sales activities, facilitated data-driven decision-making and ensuring agile and customer-centric operations.
The company's commitment to nurturing its human capital shines through various strategic HR initiatives. From implementing and automating HR tech to fostering a culture of fairness, equity, and respect in the workplace through POSH training, Xanadu prioritizes the growth and development of its employees. Programs like SPARCX & EMERALD cater to early B-school hires, laying a strong foundation for future leadership within the organization.
Xanadu's strategic collaborations with industry leaders like Ajmera, Tata Housing, Kumar World, Arihant Superstructures, Dharmadev, Karamvir, Mellora Infra, and Icon Homz have resulted in a diversified and impressive portfolio valued at over INR 10,000 Crores. These partnerships encompass a wide array of real estate offerings, reflecting Xanadu's ability to cater to diverse clienteles across various segments, from affordable to luxury.
The accolades continue to pour in for Xanadu, with the prestigious Economic Times Employee Excellence Award being a testament to its commitment to fostering a workplace culture centered on innovation, collaboration, and employee satisfaction.
Looking forward, Xanadu remains steadfast in its pursuit of achieving substantial milestones, aiming for INR 5,000 Crores in the fiscal year 2023-2024. With key projects in the pipeline like Arihant Advika, TATA Serein, Kumar Pebble Park, Icon By the Lake, and The House of Abhinandan Lodha’s Gulf of Goa, Xanadu is poised for continued growth and innovation.
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