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Prestige Estates Projects Ltd Q2FY24; 511% 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 Q2FY24 of ₹2,236.00 Crores up from ₹1,428.00 Crore year on year, a rise of 56.58%.

Total Expenses for Q2FY24 of ₹2,089.00 Crores up from ₹1,410.00 Crores year on year, a rise of 48.16%.

Consolidated Net Profit of ₹910.00 Crores up 510.74% from ₹149.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹21.23, up 504.84% from ₹3.51 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.

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