Puravankara Q1 profit up 32% at Rs 26.5cr

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Press Trust of India New Delhi
Last Updated : Aug 13 2018 | 6:40 PM IST

Realty firm Puravankara Ltd today reported a 32 per cent rise in consolidated net profit at Rs 26.5 crore for the first quarter of 2018-19.

Its net profit stood at Rs 20.05 crore in the year-ago period.

Revenues grew by 11 per cent to Rs 394.7 crore during April-June period of the current fiscal as against Rs 355.26 crore in the corresponding period of the previous year.

Puravankara Ltd MD Ashish R Puravankara said: "This quarter's performance was primarily led by Provident with both sales volume and realisation per square foot showing substantive improvement."

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First Published: Aug 13 2018 | 6:40 PM IST

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