New Delhi, Aug 11 (PTI) Realty firm Puravankara Ltd on Friday reported a consolidated net loss of Rs 17.86 crore in the first quarter of this fiscal year on higher expenses.

The company had posted a net profit of Rs 34.44 crore in the year-ago period.

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Total income rose to Rs 335.81 crore during the April-June period of the 2023-24 financial year from Rs 297.35 crore in the corresponding period of the previous year, according to a regulatory filing.

The company's total expenses increased to Rs 362.84 crore from Rs 249.34 crore during the period under review, the Bengaluru-based firm said.

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(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)