Real estate firm Prestige Estates Projects today reported more than two-fold jump in standalone net profit at Rs 89.03 crore for the fourth quarter of 2012-13.
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Bangalore-based firm had posted a net profit of Rs 38.28 crore in the year-ago period.Total income from operations also jumped more than two fold to Rs 559.72 crore during January-March quarter of last fiscal against Rs 202.12 crore in the corresponding quarter of the previous year.
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The total income increased to Rs 2,011.16 crore during 2012-13 fiscal from Rs 1,086.46 crore in 2011-12.