Categories Earnings, Other Industries, Research Summary
Prozone Intu Properties Q3FY23 Earnings Story
Founded in 2007, Prozone Intu Properties Ltd. It is a specialised residential and mixed-use retail-led real estate development firm. The Corporation develops, owns, and manages retail centres as well as other commercial and residential properties. The Firm is well-represented in India’s second and third Tier cities. Moreover, Prozone offers complementary management consulting services.
Financial Results:
Prozone Intu Properties Ltd.’s revenue in Q3FY23 rose 135% to ₹ 622 millions. Consolidated Profit After Tax came at ₹ 128 millions in Q3FY23 showcasing a drastic rise on profitability. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.
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