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Prestige Estates Projects Ltd Q1FY24; 27% rise in Profits

Prestige Estate Projects is in the business of real estate development encompassing the development and construction of properties, leasing of office and retail properties.

Financial Results:

Prestige Estates Projects Ltd reported Revenues for Q1FY24 of ₹1,681.00 Crores down from ₹1,938.00 Crore year on year, a fall of 13.26%.

Total Expenses for Q1FY24 of ₹1,562.00 Crores down from ₹1,811.00 Crores year on year, a fall of 13.75%.

Consolidated Net Profit of ₹318.00 Crores up 26.69% from ₹251.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.66, up 30.33% from ₹5.11 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Categories: AlphaGraphs Realty
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