Prestige Estates’ consolidated FY11 net profit surges 44%

18 May 2011

Prestige Estates Projects has reported results for the year ended March 31, 2011

The company has registered growth of 43.62% in its net profit for the year ended March 31, 2011 at Rs 203.55 crore as compared to Rs 141.73 crore for the year ended March 31, 2010. Its total income has increased by 45.84% at Rs 1385.00 crore for the year from Rs 949.67 crore in previous year.

On the consolidated basis, the group’s net profit for the year has rose by 28.74% at Rs 166.66 crore as compared to Rs 129.45 crore for the year ended March 31, 2010. Total income for the year has surged by 50.63% at 1543.11 crore as compared to Rs 1024.44 crore for the previous year.

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