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Prozone Realty Ltd Q1FY24; 333% rise in Profits

Business Overview
Prozone Intu Properties Limited was incorporated in 2007. It is a focused retail-led and residential mixed-use real estate development company. The Company is engaged in the business of developing, owning and operating shopping malls, commercial and residential premises. The Company has a strong presence in Tier II and Tier III cities in India. Prozone also provides related management consultancy services. The registered office of the company is in Mumbai.

Financial Results:

Prozone Realty Ltd reported Revenues for Q1FY24 of ₹54.00 Crores up from ₹29.00 Crore year on year, a rise of 86.21%.

Total Expenses for Q1FY24 of ₹51.00 Crores up from ₹29.00 Crores year on year, a rise of 75.86%.

Consolidated Net Profit of ₹13.00 Crores up 333.33% from ₹3.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.58, up 5,700.00% from ₹0.01 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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