Puravankara Projects Q3 PAT jumps two fold

Written by Agencies | Updated: Jan 31 2008, 23:05pm hrs
Real estate company Puravankara Projects on Thursday posted a two fold jump in profit after tax at Rs 63.11 crore for the third quarter ended December 31, 2007, against Rs 28.44 crore for the same period in 2006.

The total income of the group increased 78.4 per cent to Rs 150.52 crore for the quarter under review as compared to Rs 84.35 crore in the corresponding period last year, the company informed the Bombay Stock Exchange.

The standalone profit after tax of the firm grew over two fold at Rs 56.50 crore in the third quarter from Rs 22.39 crore for the same period last financial year.

Shares of Puravankara Projects today closed at Rs 325, down 9.68 per cent on the BSE.