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Prestige Estates Projects standalone net profit declines 44.56% in the September 2016 quarter

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Capital Market

Sales decline 35.06% to Rs 476.94 crore

Net profit of Prestige Estates Projects declined 44.56% to Rs 71.13 crore in the quarter ended September 2016 as against Rs 128.31 crore during the previous quarter ended September 2015. Sales declined 35.06% to Rs 476.94 crore in the quarter ended September 2016 as against Rs 734.40 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales476.94734.40 -35 OPM %23.1823.72 -PBDT89.50158.56 -44 PBT76.54145.89 -48 NP71.13128.31 -45

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

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