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Prestige Estates Project reports 13% rise in Q3 consolidated net profit

10 Feb 2022 Evaluate

Prestige Estates Project has reported results for third quarter ended December 31, 2021.

The company has reported over 2-fold jump in its net profit at Rs 121.30 crore for the quarter under review as compared to Rs 54.60 crore for the same quarter in the previous year. However, total income of the company decreased by 2.58% at Rs 1,081.70 crore for Q3FY22 as compared Rs 1,110.40 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 12.87% in its net profit at Rs 99.10 crore for the quarter under review as compared to Rs 87.80 crore for the same quarter in the previous year. However, total income of the company decreased by 27.60% at Rs 1,396 crore for Q3FY22 as compared Rs 1,928.20 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Lodha Developers 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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