Prestige Estates Projects said a good increase in standalone net profit for the quarter ended June 2014. During the quarter, the profit of the company rose 20.06% to Rs 1,040.40 million from Rs 866.60 million in the same quarter last year.
Net sales for the quarter rose 13.01% to Rs 5,630.90 million, compared with Rs 4,983 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.97, registering 19.76% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 14 | Jun - 13 | %Change |
Net Sales | 5,630.90 | 4,982.80 | 13.01 |
Net Profit | 1,040.40 | 866.60 | 20.06 |
Basic EPS | 2.97 | 2.48 | 19.76 |
Shares of the company declined Rs 5.9, or 2.35%, to settle at Rs 244.65. The total volume of shares traded was 38,540 at the BSE (Friday).