Bengaluru-based realty firm Puravankara Ltd Friday reported a 6 per cent increase in consolidated net profit at Rs 27.18 crore for the third quarter of this fiscal.
Its net profit stood at Rs 25.64 crore in the year-ago period, the company said in a regulatory filing.
Total income rose 24 per cent to Rs 565.66 crore during October-December 2018 from Rs 454.90 crore in the corresponding period of the previous year.
The company's MD Ashish R Puravankara said: "The company continues to deliver a steady performance, with a strong focus on execution, sales and collections across both ongoing and ready-to-move-in projects. Regular sales acceleration from the bucket of ready stock are up yet again, and this inventory is lower for the fifth quarter running."
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