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PSP Projects reports 29% fall in Q3 consolidated net profit

18 Jan 2023 Evaluate

PSP Projects has reported results for third quarter ended December 31, 2022.

The company has reported fall of 24.77% in its net profit at Rs 35.30 crore for Q3FY23 as compared to Rs 46.91 crore for the corresponding quarter previous year. However, total income of the company increased by 2.16% to Rs 503.87 crore for the quarter as compared to Rs 493.23 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported fall of 29.47% in its net profit at Rs 35.36 crore for Q3FY23 as compared to Rs 50.13 crore for the same quarter in the previous year. However, total income of the company increased by 2.41% to Rs 506.59 crore for the quarter under review as compared to Rs 494.69 crore for the same quarter in the previous year.

Peers
Company Name CMP
Lodha Developers 1168.00
Prestige EstatesProj 1484.00
Dilip Buildcon 413.50
DLF 677.65
Oberoi Realty 1859.50
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