Bangalore: Real-estate developer Puravankara cluster these days reported an over two-fold jump in consolidated internet profit at Rs forty six.05 crore for the fourth quarter ended March thirty one, 2012.
The city-headquartered company’s revenues throughout the quarter grew by forty nine per cent to Rs 232.11 crore.
The board of the corporate has counseled a dividend of twenty per cent.
Revenues for 2011-12 were up thirty six per cent at Rs 815.46 crore, whereas internet profit rose by fifteen per cent to Rs a hundred thirty five.73 crore.
Sales realisation for the cluster within the year was Rs three,930 per sq ft against Rs three,303 per sq ft within the previous fiscal.
“We expect 2012-13 to supply a a lot of conducive surroundings in terms of the varied growth indicators and believe that absorption levels can increase,” Chairman and Managing Director Ravi Puravankara said.
The company said it's done well each within the luxury and premium reasonable segments and has maintained margins each at the gross and PBT levels.
The city-headquartered company’s revenues throughout the quarter grew by forty nine per cent to Rs 232.11 crore.
The board of the corporate has counseled a dividend of twenty per cent.
Revenues for 2011-12 were up thirty six per cent at Rs 815.46 crore, whereas internet profit rose by fifteen per cent to Rs a hundred thirty five.73 crore.
Sales realisation for the cluster within the year was Rs three,930 per sq ft against Rs three,303 per sq ft within the previous fiscal.
“We expect 2012-13 to supply a a lot of conducive surroundings in terms of the varied growth indicators and believe that absorption levels can increase,” Chairman and Managing Director Ravi Puravankara said.
The company said it's done well each within the luxury and premium reasonable segments and has maintained margins each at the gross and PBT levels.
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