Puravankara’s net profit up at Rs 8.75 crore in Q4 FY21

NEW DELHI: Realty firm Puravankara Ltd on Friday reported a sharp jump in its consolidated net profit of Rs 8.75 crore for the quarter ended March. Its net profit stood at Rs 0.35 crore in the year-ago period.

Total income fell to Rs 339.39 crore in the fourth quarter of this fiscal from Rs 389.79 crore in the corresponding period of the previous year, according to a regulatory filing.

Puravankara Ltd posted a net loss of Rs 4.67 crore last financial year against a profit of Rs 88.35 crore in the previous year.

Total income halved to Rs 1053.81 crore in 2020-21 from Rs 2187.26 crore in the previous year.

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