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Puravankara Q3 net profit up 15 pc at Rs 26 cr

Press Trust of India  |  New Delhi 

Realty firm today reported a 14.56 per cent increase in its consolidated net profit at Rs 25.64 crore for the quarter ended December 2017.

The company had posted a net profit of Rs 22.38 crore during the same period of the previous fiscal, said in a regulatory filing.

Total income during the quarter under review stood at Rs 454.90 crore. It was Rs 286.32 crore in the year-ago period.

"Sales of completed and nearing completion inventory has accelerated, with a year-on-year growth of 160 per cent for the quarter," Ashish R Puravankara said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, February 10 2018. 18:15 IST