Net sales declined by 17.8% year-over-year to Rs 2,164 crore during the period under review.
Profit before tax in Q4 FY24 stood at Rs 314.50 crore, down by 49.3% from Rs 620.40 crore recorded in Q4 FY23.
Total operating expenditure for the period under review added up to Rs 1336.30 crore, down 31.5% YoY. Finance costs in the fourth quarter jumped by 80.6% YoY to Rs 423.80 crore.
For FY24, Prestige Estates has reported net profit and revenue of Rs 1,374.10 crore (up 45.9% YoY) and Rs 7,877.10 crore (down 5.3% YoY), respectively.
Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has diversified business model across various segments, viz residential, office, retail, hospitality, prope...
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