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Prestige Estates Projects reports 77% rise in sales during Q4FY22

13 Apr 2022 Evaluate

Prestige Estates Projects has reported 77% growth in sales value to Rs 3268.70 crore for the quarter ended March. The company's sales value stood at Rs 1850.40 crore in the year-ago period. For FY22, the Group has registered highest ever sales of Rs 10382.20 crore, up 90% Year on Year (YoY). During January-March 2022, the company's collections rose 39% to Rs 2461.00 crore as against Rs 1767.60 crore in the corresponding period of the previous year and in FY22, the company has clocked highest ever collections of Rs 7466.40, up 47% YoY.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.

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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