Realty firm Puravankara Ltd today reported a 32 per cent rise in consolidated net profit at Rs 26.5 crore for the first quarter of 2018-19.
Its net profit stood at Rs 20.05 crore in the year-ago period.
Revenues grew by 11 per cent to Rs 394.7 crore during April-June period of the current fiscal as against Rs 355.26 crore in the corresponding period of the previous year.
Puravankara Ltd MD Ashish R Puravankara said: "This quarter's performance was primarily led by Provident with both sales volume and realisation per square foot showing substantive improvement."