Peninsula Land Q3 Profit Surges to Rs 33 Crore
Feb 09, 2024 15:51
Peninsula Land Ltd's consolidated profit after tax jumped to Rs 32.63 crore in Q3 FY23, driven by lower expenses. Read more.
New Delhi, Feb 9 (PTI) Realty firm Peninsula Land Ltd has reported a more than two-fold jump in consolidated profit after tax to Rs 32.63 crore for the December quarter on lower expenses.
Its profit stood at Rs 12.37 crore in the year-ago period.
The company's total income declined to Rs 144.81 crore in the third quarter of this fiscal from Rs 256.31 crore in the corresponding period of the previous year, according to a recent regulatory filing.
Peninsula Land Ltd, a part of the Ashok Piramal Group, has projects in Mumbai, Pune, Bengaluru, Lonavala, Nashik, and Goa.
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