Prestige Estates Projects consolidated net profit declines 98.61% in the June 2020 quarter

Sales decline 17.22% to Rs 1273.70 crore

Net profit of Prestige Estates Projects declined 98.61% to Rs 1.60 crore in the quarter ended June 2020 as against Rs 115.30 crore during the previous quarter ended June 2019. Sales declined 17.22% to Rs 1273.70 crore in the quarter ended June 2020 as against Rs 1538.70 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales1273.701538.70 -17 OPM %34.3834.30 -PBDT213.60320.20 -33 PBT49.90157.00 -68 NP1.60115.30 -99

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