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Prime Property Development Corporation reports net profit of Rs 4.68 crore in the March 2014 quarter

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Capital Market

Sales reported at Rs 5.01 crore

Net profit of Prime Property Development Corporation reported to Rs 4.68 crore in the quarter ended March 2014 as against net loss of Rs 4.50 crore during the previous quarter ended March 2013. Sales reported to Rs 5.01 crore in the quarter ended March 2014. There were no Sales reported during the previous quarter ended March 2013.

For the full year,net profit declined 59.69% to Rs 3.91 crore in the year ended March 2014 as against Rs 9.70 crore during the previous year ended March 2013. Sales declined 95.16% to Rs 5.01 crore in the year ended March 2014 as against Rs 103.50 crore during the previous year ended March 2013.

 
ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales5.010 0 5.01103.50 -95 OPM %55.890 -20.7617.08 - PBDT3.54-2.45 LP 2.8215.08 -81 PBT3.47-2.53 LP 2.5514.74 -83 NP4.68-4.50 LP 3.919.70 -60

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First Published: May 15 2014 | 5:32 PM IST

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