Puravankara has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 82.19% fall in its net profit at Rs 6.50 crore for the quarter under review as compared to Rs 36.49 crore for the same quarter in the previous year. However, total income of the company increased by 44.80% at Rs 499.34 crore for Q4FY24 as compared Rs 344.85 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported net loss at Rs 6.71 crore for fourth quarter ended March 31, 2024 as compared to net profit of Rs 26.75 crore for the same quarter in the previous year. However, total income of the company reported over 2- fold jump at Rs 946.84 crore for Q4FY24 as compared Rs 446.39 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 70.64% fall in its net profit at Rs 33.54 crore as compared to Rs 114.24 crore for the previous year. However, total income of the company increased by 34.90% at Rs 1,215.09 crore for year under review as compared to Rs 900.74 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 36.86% fall in its net profit at Rs 42.00 crore as compared to Rs 66.52 crore for the previous year. However, total income of the company increased by 60.63% at Rs 2,260.10 crore for year under review as compared to Rs 1,406.99 crore for year ended March 31, 2023.
