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Prestige Estates Projects net profit rises 6.86% in the March 2014 quarter

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Capital Market

Sales decline 3.25% to Rs 532.31 crore

Net profit of Prestige Estates Projects rose 6.86% to Rs 95.14 crore in the quarter ended March 2014 as against Rs 89.03 crore during the previous quarter ended March 2013. Sales declined 3.25% to Rs 532.31 crore in the quarter ended March 2014 as against Rs 550.18 crore during the previous quarter ended March 2013.

For the full year,net profit rose 23.16% to Rs 340.02 crore in the year ended March 2014 as against Rs 276.07 crore during the previous year ended March 2013. Sales rose 30.58% to Rs 1929.81 crore in the year ended March 2014 as against Rs 1477.89 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales532.31550.18 -3 1929.811477.89 31 OPM %23.1224.00 -26.0428.24 - PBDT141.98134.04 6 523.76421.56 24 PBT131.23125.30 5 488.22388.60 26 NP95.1489.03 7 340.02276.07 23

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First Published: May 27 2014 | 11:33 AM IST

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