Puravankara reports flat net profit at Rs 21.54 crore

Its net profit stood at Rs 21.14 crore in the year-ago period, the company said in a regulatory filing.

Devdiscourse News Desk | New Delhi | Updated: 02-11-2018 22:05 IST | Created: 02-11-2018 21:49 IST

Puravankara reports flat net profit at Rs 21.54 crore — Ashish R Puravankara, MD, Puravankara Ltd, said: "A great quarter with a good rise in sales volume and bookings. The overall volumes sold during the quarter registered almost a 100 per cent increase from the year ago quarter." (Image Credit: Twitter)

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Realty firm Puravankara Ltd Friday reported a flat net profit at Rs 21.54 crore for the quarter ended September.

Its net profit stood at Rs 21.14 crore in the year-ago period, the company said in a regulatory filing.

Total income rose to Rs 499.28 crore during the July-September quarter of this fiscal from Rs 371.53 crore in the corresponding period of the previous year.

Ashish R Puravankara, MD, Puravankara Ltd, said: "A great quarter with a good rise in sales volume and bookings. The overall volumes sold during the quarter registered almost a 100 per cent increase from the year ago quarter."

Sales bookings stood at Rs 633 crores in the second quarter of this fiscal from Rs 470 crore in the year-ago period.

(With inputs from agencies.)