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Prestige Estates Projects Ltd Q4FY24; 53% fall in Profits

Prestige Estate Projects has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India.

Financial Results:

Prestige Estates Projects Ltd reported Revenues for Q4FY24 of ₹2,164.00 Crores down from ₹2,632.00 Crore year on year, a fall of 17.78%.

Total Expenses for Q4FY24 of ₹1,957.00 Crores down from ₹2,353.00 Crores year on year, a fall of 16.83%.

Consolidated Net Profit of ₹236.00 Crores down 53.27% from ₹505.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.49, down 70.12% from ₹11.68 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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