Prestige Estates Projects has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 65.24% fall in its net profit at Rs 39.00 crore for the quarter under review as compared to Rs 112.20 crore for the same quarter in the previous year. Total income of the company declined 41.91% at Rs 570.80 crore for Q1FY24 as compared Rs 982.60 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 26.56% rise in net profit at Rs 317.80 crore for the first quarter ended June 30, 2023 as compared to Rs 251.10 crore for the same quarter in the previous year. However, total income of the company decreased by 2.26% at Rs 1966.30 crore for Q1FY24 as compared Rs 2011.80 crore for the corresponding quarter previous year.
