8/14/2019 Prestige Estates Registers 93% Increase in the Revenue and Highest Ever New Sales (by the Company) in QII FY 13-14
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Prestige Estates Registers 93% Increase in the
Revenue and Highest Ever New Sales (by the
Co!any" in #II $ &3'&
) Revenues at Rs* +,-& illion u! by 93%* ) P./ at Rs* 001 illion,
u! by 0-%* ) Registered Highest New sales o2 Rs* &&,90 illion in
#4*
5angalore, India, Noveber -6, 4-&3 ''
$7R /HE #8.R/ER (#4" ENE SEP/E5ER 3-, 4-&3:
$inancial Highlights (#4":'
* Revenue at Rs. 5,041 million, up by 93% as compared to the corresponding
previous years !uarter "#$$ & 1'(13) revenue o Rs. ',+09 million.
* -$/ at Rs. 1,4+ million, up by +0% as compared to the corresponding
previous years !uarter "#$$ & 1'(13) -$/ o Rs. 9'0 million.
* 2/ at Rs. + million, up by 0% as compared to the corresponding
previous years !uarters "#$$ & 1'(13) 2/ o Rs. 45 million.
* Rental income at Rs. 59' million up by 1+% as compared to the
corresponding previous years !uarters "#$$ & 1'(13) rental income o Rs.
509 million.
7!erational Highlights (#4":'
* /he ompany has sold 1,193 Residential nits and 0.11 million s!uare eeto ommercial 6pace, aggregating to 1.95 million s!uare eet amounting to
Rs. 11,49 million o sales.
* /he average reali7ation o Rs. 5,8+ per s!t is up by 15% as compared to
the average reali7ation achieved or the corresponding previous years
!uarter "#$$ & 1'(13) o Rs. 5,090 per s!t.
8/14/2019 Prestige Estates Registers 93% Increase in the Revenue and Highest Ever New Sales (by the Company) in QII FY 13-14
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* Registered total ne: leasing o 0.9 million s!uare eet up by 4+% as
compared to the total ne: leasing or the corresponding previous years
!uarter "#$$ & 1'(13) o 0.54 million s!t.
* ;et ollections or the !uarter aggregated to Rs. +,198 million, up by '3%
as compared to the corresponding previous years !uarters "#' & 1'(13)collection o Rs. 5,050 million.
$7R /HE H.;$'E.R ENE (H&" ENE SEP/E5ER 3-, 4-&3:
$inancial Highlights (H&":
* Revenue at Rs. 10,334 million, up by 104% as compared to the
corresponding previous hal years "uidance o Rs.
43,000 million o sales set at the beginning o & 13(14).
* /he sales or the #1 and #' "
8/14/2019 Prestige Estates Registers 93% Increase in the Revenue and Highest Ever New Sales (by the Company) in QII FY 13-14
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leasing o 1.00 million s!uare eet o Rs. 998 million.
* 2restige 6hare o collections or the hal(year ended 30th 6eptember, '013
are Rs. 1','' million, up by 3'% as compared to the corresponding previous
hal years "
8/14/2019 Prestige Estates Registers 93% Increase in the Revenue and Highest Ever New Sales (by the Company) in QII FY 13-14
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time schedules and to transer clean titles.
isclaier:
ertain statements in this document may be or:ard(looBing statements.6uch or:ard(looBing statements are subDect to certain risBs and
uncertainties liBe regulatory changes, local political or economic
developments, technological risBs and many other actors that could cause
our actual results to dier materially rom those contemplated. 2restige
states 2roDects Aimited :ill not be in any :ay responsible or any action
taBen based on such statements and undertaBes no obligation to publicly
update these or:ard(looBing statements to relect subse!uent events or
circumstances.
$or 2urther in2oration, !lease contact: JenBat I. ;arayana,
contactKmarchingantsllp.com, 91(80('5501'80,
http?CC:::.prestigeconstructions.com
http://www.prestigeconstructions.com/http://www.prestigeconstructions.com/