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Prestige Estates, a real estate firm, bought land worth Rs 20,400 crore and reported a 26% net profit increase.
Prestige Estates Projects Ltd, a Bengaluru-based real estate firm, acquired 102 acres of land in the first quarter of this fiscal year across Bengaluru, Hyderabad, Chennai, and Mumbai, with a potential gross development value of Rs 20,400 crore.
The company reported a 26% increase in net profit to Rs 292.5 crore and a rise in total income to Rs 2,468.7 crore in the same period.
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Prestige Estates, una firma de bienes raíces, compró tierras por valor de Rs 20,400 crore y reportó un aumento del 26% en las ganancias netas.