Prestige Estates Projects consolidated net profit declines 64.72% in the March 2022 quarter

Sales rise 6.89% to Rs 2400.30 crore

Net profit of Prestige Estates Projects declined 64.72% to Rs 939.30 crore in the quarter ended March 2022 as against Rs 2662.40 crore during the previous quarter ended March 2021. Sales rose 6.89% to Rs 2400.30 crore in the quarter ended March 2022 as against Rs 2245.60 crore during the previous quarter ended March 2021.

For the full year,net profit declined 58.67% to Rs 1150.00 crore in the year ended March 2022 as against Rs 2782.30 crore during the previous year ended March 2021. Sales declined 11.77% to Rs 6389.50 crore in the year ended March 2022 as against Rs 7241.90 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2400.302245.60 7 6389.507241.90 -12 OPM %20.8123.87 -23.7426.70 - PBDT420.60387.00 9 1172.401197.50 -2 PBT290.10264.90 10 701.40604.90 16 NP939.302662.40 -65 1150.002782.30 -59

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