Prestige Estates sales bookings fell 43% to ₹4,022 crore during Jul-Sep quarter

In a regulatory filing on Thursday, Prestige Estates informed that it recorded sales of ₹4,022.6 crore during the July-September quarter against ₹7,092.6 crore in the year-ago period.

During the April-September period, the sales bookings declined to ₹7,052.2 crore against ₹1,100.73 crore during the corresponding period of the preceding financial year.

Stock price performance:

Shares of Prestige Estate Projects dropped over 2.55% to ₹1747.80 apiece on the NSE on Thursday. The stock opened at ₹1750 and touched an intraday high and low of ₹1773.50 and ₹1735, respectively, in the session so far.

About Prestige Estate Projects:

Prestige Estate Projects has diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India.