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Prestige Estates Projects reports 20% growth in Q1FY15 net profit

04 Aug 2014 Evaluate

Prestige Estates Projects has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged by 20.14% at Rs 104.04 crore as compared to Rs 86.60 crore for the quarter ended June 30, 2013. The company’s total income has increased by 16.29% to Rs 615.56 crore for the quarter under review from Rs 529.31 crore for the corresponding quarter of the previous year.

Prestige Estate Projects commenced operations as a partnership firm constituted under the Indian Partnership Act, 1932 on April 1, 1986 under the name and style of Prestige Estates and Properties.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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