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Prestige Estates Projects slips on reporting 58% fall in Q2 consolidated net profit

08 Dec 2016 Evaluate

Prestige Estate Projects is currently trading at Rs 147.45, down by 1.20 points or 0.81% from its previous closing of Rs. 148.65 on the BSE.

The scrip opened at Rs. 145.90 and has touched a high and low of Rs. 152.45 and Rs. 145.00 respectively. So far 13799 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 224.00 on 23-Sep-2016 and a 52 week low of Rs. 129.85 on 17-Mar-2016.

Last one week high and low of the scrip stood at Rs. 152.45 and Rs. 144.50 respectively. The current market cap of the company is Rs. 5520.00 crore.

The promoters holding in the company stood at 70.00%, while Institutions and Non-Institutions held 29.07% and 0.93% respectively.

Prestige Estates Projects reported 44.56% fall in its net profit at Rs 71.13 crore for the quarter ended September 30, 2016 as compared to Rs 128.31 crore for the same quarter in the previous year. Total income of the company decreased by 34.21% at Rs 512.10 crore for the quarter under review as compared Rs 778.39 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 58.24% fall in its net profit after minority interest & share of profit / (loss) of jointly controlled entities at Rs 64.51 crore for the quarter ended September 30, 2016 as compared to Rs 154.47 crore for the same quarter in the previous year. Total income of the company decreased by 29.41% to Rs 1173.52 crore for quarter under review from Rs 1662.35 crore for the quarter ended September 30, 2015.

Prestige EstatesProj Share Price

1357.50 19.70 (1.47%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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