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Puravankara Q4 profit jumps 71% to Rs 79 cr; shares rally

The Bangalore-based real estate company Puravankara Projects' consolidated net profit grew by 71 percent year-on-year to Rs 78.7 crore in the fourth quarter of financial year 2012-13, sending shares 10 percent higher intraday.

April 17, 2013 / 15:25 IST
     
     
    26 Aug, 2025 12:21
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    The Bangalore-based real estate company Puravankara Projects' consolidated net profit grew by 71 percent year-on-year to Rs 78.7 crore in the fourth quarter of financial year 2012-13, sending shares 10 percent higher intraday.


    Consolidated total income rose by 79 percent to Rs 415 crore from Rs 232 crore during the same period.


    Consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 49 percent YoY to Rs 178 crore in January-March quarter.


    However, EBITDA margin fell quite significantly to 43 percent versus 51.5 percent YoY.


    At 15:15 hours IST, the share rallied 6.5 percent to Rs 104.25 amid heavy volumes on Bombay Stock Exchange.


    Trading volumes increased 164 percent to 2,98,125 equity shares as compared to its five-day average of 1,12,848 shares.

    first published: Apr 17, 2013 03:25 pm

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