Prestige Estates Q2 profit declines 44% as revenue falls 15% to ₹2,060 cr
Indian markets moved higher in a quarterly results development.
· BS Companies
The Bengaluru-based developer reported a 44 per cent fall in Q2 net profit to ₹256 crore, while revenue declined 15 per cent; sales bookings rose 20 per cent to ₹7,225…
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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