Prestige Estates Projects reports 55.19% increase in quarterly net profit - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Prestige Estates Projects reports 55.19% increase in quarterly net profit

For the second quarter, the company registered property sales of Rs 3,511 crore, up by 66% yoy, and collections of Rs 2,602.9 crore up by 68% yoy. The sales during this period is attributed to 4.55 million sq ft volume with an average realisation of Rs 7,711 per sq ft. The company sold 3,210 units in the quarter.

from Industry-Economic Times
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