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Prestige Estates Projects Q4FY23 Earnings Story

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 Limited reported Total Income for Q4FY23 of ₹ 2,632 Crores up from ₹ 2,393 Crore year on year, a rise of 10%.

  • Total Expenses for Q4FY23 of ₹ 2,353 Crores up from ₹ 2,199 Crores year on year, rise of 7%.

  • Consolidated Net Profit of ₹ 505 Crores, down 47% from ₹ 953 Crores in the same quarter of the previous year.

  • The Earnings per Share is ₹ 11.68, down 50% from ₹ 23.36 in the same quarter of the previous year.
Categories: Earnings Realty
Tags: Real Estate
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