India, May 30 -- Bengaluru-based listed real estate developer Prestige Group has posted an 82% decline in its consolidated net profit to Rs.25 crore in the quarter ended March from Rs.140 crore in the year-ago period, the company said in a regulatory filing.
The company stated that the total income for the Q4 quarter also dropped to Rs.1,589.3 crore from Rs.2,232.5 crore in the corresponding quarter of the previous fiscal year.
For the full financial year 2024-25, Prestige Estates recorded a decline in its net profit, which fell to Rs.467.5 crore from Rs.1,374.1 crore in 2023-24, down by 66%. Annual revenue was also down to Rs.7,735.5 crore, a decrease from Rs. 9,425.3 crore in the previous year.
In FY25, the company also partnered wit...
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