Prestige Estates Project has reported results for fourth quarter and year ended March 31, 2022.
The company has reported 19 -fold jump in its net profit at Rs 701.70 crore for the quarter under review as compared to Rs 36.50 crore for the same quarter in the previous year. Total income of the company increased by 34.21% at Rs 1912.90 crore for Q4FY22 as compared Rs 1425.30 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 64.68% in its net profit at Rs 945.30 crore for the quarter under review as compared to Rs 2676.60 crore for the same quarter in the previous year. However, total income of the company increased by 6.20% at Rs 2489.60 crore for Q4FY22 as compared Rs 2344.20 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported above 4-fold jump in its net profit at Rs 947.30 crore as compared to Rs 212.80 crore for the previous year. Total income of the company increased by 15.19% at Rs 4870.80 crore for year under review as compared to Rs 4228.60 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 57.79% fall in its net profit at Rs 1214.80 crore as compared to Rs 2878.20 crore for the previous year. Total income of the company decreased by 11.83% at Rs 6600.20 crore for year under review as compared to Rs 7485.40 crore for year ended March 31, 2021.
