Prestige Estate Q4 results: Net profit falls 64% to Rs 51 crore

Bengaluru: Realty firm Prestige Estates registered a 64 per cent fall in its net profit to Rs 51.1 crore for the quarter ended March, according to a regulatory filing.

However, the total income of the company rose to Rs 2,016.9 crore in the Q4 of FY20 from Rs 1,994.3 crore a year ago.

For the full financial year 2019-20, the firm's net profit rose to Rs 548.6 crore, compared with Rs 441.9 crore in the previous year.

The total income rose to Rs 8,243.3 crore in FY20 as compared to Rs 5,284.1 crore in the previous year.