Prestige Estates Projects standalone quarterly earnings rise 23.55%
Source: IRIS | 22 Jan, 2015, 07.05PM
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| Rating: NAN / 5 stars. |
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Prestige Estates Projects announced a good increase in standalone net profit for the quarter ended December 2014. During the quarter, the profit of the company rose 23.55% to Rs 995.20 million from Rs 805.50 million in the same quarter last year. Net sales for the quarter jumped 41.56% to Rs 6,093.60 million, compared with Rs 4,305 million for the prior year period. Earnings per share for the quarter stood at Rs 2.65, registering 15.22% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) | | As at | Dec - 14 | Dec - 13 | %Change | | Net Sales | 6,093.60 | 4,304.60 | 41.56 | | Net Profit | 995.20 | 805.50 | 23.55 | | Basic EPS | 2.65 | 2.30 | 15.22 |
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