Prozone Intu's FY19 Consolidated Revenues up 23% to INR 118.2 Crore

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Press Trust of India MUMBAI
Last Updated : May 30 2019 | 6:05 PM IST

/ -- Key Highlights
Commenting on its performance, Nikhil Chaturvedi, Managing Director, Prozone Intu, said, "For FY19, we reported 55% increase in EBITDA and 100% increase in cash profits. While our retails assets are on its way to achieve an optimum occupancy level, OC is awaited for Nagpur residential whereas, for Coimbatore residential, we have received most of the statutory approvals and will commence construction once we get RERA approval."
Awards & Recognitions
During FY2019, Prozone's malls at Aurangabad and Coimbatore won the prestigious ET Global Awards for Retail Excellence Prozone's Coimbatore Mall won "Most Admired Shopping Centre Launch of the Year (Non-Metro - South)" at the Images Shopping Centre Awards, 2018 Prozone's Coimbatore Mall also won Pride of Coimbatore Awards 2019 for Shopping centre of the year & Best Round the year Marketing About Prozone Intu


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First Published: May 30 2019 | 6:05 PM IST

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