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Latest News | Prestige Estates Net Profit Falls 64 Pc to Rs 51.1 Cr in Mar Quarter

Get latest articles and stories on Latest News at LatestLY. Realty firm Prestige Estates on Wednesday reported a 64 per cent fall in its consolidated net profit to Rs 51.1 crore for the quarter ended March.

Latest News | Prestige Estates Net Profit Falls 64 Pc to Rs 51.1 Cr in Mar Quarter

New Delhi, Jun 24 (PTI) Realty firm Prestige Estates on Wednesday reported a 64 per cent fall in its consolidated net profit to Rs 51.1 crore for the quarter ended March.

Its net profit stood at Rs 141.9 crore in the year-ago period, according to a regulatory filing.

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The company's total income rose to Rs 2,016.9 crore in the fourth quarter of 2019-20, from Rs 1,994.3 crore a year ago.

For the full financial year 2019-20, the firm's net profit rose to Rs 548.6 crore, compared with Rs 441.9 crore in the previous year.

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Total income rose to Rs 8,243.3 crore in the financial year 2019-20, from Rs 5,284.1 crore in the previous year.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)