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Prestige Estates Projects consolidated net profit declines 58.24% in the September 2016 quarter

Capital Market

Sales decline 29.97% to Rs 1137.07 crore

Net profit of Prestige Estates Projects declined 58.24% to Rs 64.51 crore in the quarter ended September 2016 as against Rs 154.47 crore during the previous quarter ended September 2015. Sales declined 29.97% to Rs 1137.07 crore in the quarter ended September 2016 as against Rs 1623.74 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales1137.071623.74 -30 OPM %21.0221.29 -PBDT183.73294.76 -38 PBT136.46264.74 -48 NP64.51154.47 -58

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First Published: Dec 08 2016 | 3:20 PM IST

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