Prestige Estates Projects consolidated net profit declines 64.72% in the March 2022 quarter

Image
Capital Market
Last Updated : May 27 2022 | 9:31 AM IST

Sales rise 6.89% to Rs 2400.30 crore

Net profit of Prestige Estates Projects declined 64.72% to Rs 939.30 crore in the quarter ended March 2022 as against Rs 2662.40 crore during the previous quarter ended March 2021. Sales rose 6.89% to Rs 2400.30 crore in the quarter ended March 2022 as against Rs 2245.60 crore during the previous quarter ended March 2021.

For the full year,net profit declined 58.67% to Rs 1150.00 crore in the year ended March 2022 as against Rs 2782.30 crore during the previous year ended March 2021. Sales declined 11.77% to Rs 6389.50 crore in the year ended March 2022 as against Rs 7241.90 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2400.302245.60 7 6389.507241.90 -12 OPM %20.8123.87 -23.7426.70 - PBDT420.60387.00 9 1172.401197.50 -2 PBT290.10264.90 10 701.40604.90 16 NP939.302662.40 -65 1150.002782.30 -59

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 27 2022 | 9:16 AM IST

Next Story