Corporate News     11-Oct-21
Prestige Estates Projects records highest quarterly sales in Q2
Prestige Estates Projects reported highest quarterly sales of Rs 2111.9 crore in Q2 FY22 compared to Rs 1123.3 crore in Q2 FY21, recording a growth of 88%. Collections improved 35% to Rs 1551.5 crore in Q2 FY22 over Q2 FY21. In terms of volumes, the company sold 3.54 million square feet area in Q2 FY22, achieving a growth of 100%.

For H1 FY22, the company's sales rose 80% to Rs 2845.8 crore and collections increased by 37% to Rs 2573.8 crore over the corresponding period of previous year. Sales volumes rose 92% to 4.6 million square feet area during the period.

The company announced that new sales were backed by the healthy response to its newly launched project, Prestige Great Acres.

Looking ahead, apart from launches in southern market, the company is launching three projects in Mumbai and one project in NCR with a combined launch pipeline to the tune of 10 mn sft.

Previous News
  Macrotech Developers Ltd Falls 3.1%
 ( Hot Pursuit - 25-Sep-24   09:30 )
  Prestige Estates Projects Ltd leads losers in 'A' group
 ( Hot Pursuit - 05-Sep-24   15:00 )
  Macrotech Developers Ltd Slides 2.06%
 ( Hot Pursuit - 25-Jun-24   09:30 )
  Prestige Estates Projects consolidated net profit declines 50.13% in the March 2023 quarter
 ( Results - Announcements 31-May-23   07:52 )
  Prestige Estates Projects Ltd leads losers in 'A' group
 ( Hot Pursuit - 07-May-24   15:00 )
  Volumes spurt at Prestige Estates Projects Ltd counter
 ( Hot Pursuit - 13-Jul-23   14:30 )
  Phoenix Mills Ltd Surges 3.52%, S&P BSE Realty Index index Gains 1.34%
 ( Hot Pursuit - 15-Feb-24   09:30 )
  Prestige Estates rises after arm acquires 51% stake in Dashanya Tech Parkz
 ( Hot Pursuit - 19-Apr-23   10:04 )
  Prestige Estates Projects announces acquisition of majority stake in Dashanya Tech Parkz
 ( Corporate News - 18-Apr-23   19:01 )
  Phoenix Mills Ltd Surges 2.21%, BSE Realty index Gains 1.03%
 ( Hot Pursuit - 11-Jun-24   09:30 )
  Prestige Estate gains as Q3 PAT jumps 45% YoY to Rs 128 cr
 ( Hot Pursuit - 15-Feb-23   11:06 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top