Prestige Estates Projects has reported results for second quarter ended September 30, 2013.
The company has reported 69.88% rise in its net profit at Rs 77.62 crore for the quarter ended September 30, 2013 as compared to Rs 45.69 crore for the same quarter in the previous year. Total income of the company has increased by 93.22% at Rs 504.11 crore for quarter under review as compared to Rs 260.90 crore for the quarter ended September 30, 2012.
Prestige Estate Projects commenced operations as a partnership firm constituted under the Indian Partnership Act, 1932 on April 1, 1986 under the name and style of Prestige Estates and Properties. The partners of the firm were the Late S Razack, Irfan Razack, Rezwan Razack and Sameera Noaman.
