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Prestige Estates Projects standalone net profit declines 42.86% in the June 2018 quarter

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Capital Market

Sales decline 50.20% to Rs 312.20 crore

Net profit of Prestige Estates Projects declined 42.86% to Rs 36.00 crore in the quarter ended June 2018 as against Rs 63.00 crore during the previous quarter ended June 2017. Sales declined 50.20% to Rs 312.20 crore in the quarter ended June 2018 as against Rs 626.90 crore during the previous quarter ended June 2017. ParticularsQuarter EndedJun. 2018Jun. 2017% Var.Sales312.20626.90 -50 OPM %32.0322.65 -PBDT41.1081.20 -49 PBT26.1068.50 -62 NP36.0063.00 -43

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First Published: Jul 28 2018 | 3:24 PM IST

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