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Peninsula Land to launch 3 projects in Mumbai soon

28 May 2013

Peninsula Land is planning to launch 3 projects in Mumbai soon, which include two in South Mumbai and one in Central Mumbai. The company’s revenue recognition has been low this quarter. The company has unsold inventory of 120k sq ft in Peninsula Business Park and currently is diversifying revenue streams from Peninsula Business Park.

Peninsula Land’s Q4FY13 net profit grew over two folds  at Rs 41.12 crore as compared to 20.45 crore in the Q4FY12. The company’s total income from operation rose by 2.65% at Rs 578.73 crore as against Rs 563.18 crore in the corresponding quarter of the previous year.

Peninsula Land is known for its concept-based architectures in the commercial, retail and residential sectors. The company is also known for its professional corporate management, international landmarks and value additions.

Related Peninsula Land Ltd. Links:

Peninsula Land Share Price

11.10 -0.39 (-3.39%) Oct 22, 18:01
1 Year Price Chart
Peers
Company Name CMP
Dilip Buildcon 644.05
NBCC (India) 46.70
Prestige EstatesProj 438.50
DLF 414.00
JMC Projects (India) 111.70
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Sensex vs Peninsula Land
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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