Q1 2020 Prestige Estates Projects Ltd Earnings Call Transcript

Aug 02, 2019 / 09:30AM GMT
Unidentified Company Representative -

Good morning, everyone. Thanks for removing the time this afternoon to attend this concall. We have from the management, Mr. Irfan Razack, Chairman and Managing Director; Mr. Venkat K Narayana, Chief Executive Officer; and Mr. V. V. B. Sarma, Chief Financial Officer.

Without any further delay, I would like to invite the management for their opening remarks. Over to you, gentlemen.

Konanki Venkata Narayana - Prestige Estates Projects Limited - CEO

Hi, good afternoon to all of you. This is Venkat. Thank you for taking time out to be on this post results conference call of Prestige Estates.

Let me begin with brief recap of our performance for the Q1. In terms of operational as well as the financial parameters that what are that have gone by in line with what expectations that we had set for ourselves at the beginning of the quarter, has been quite good operationally. If you look at the fresh sales, they are up 4% year-on-year to INR 1.4 million, will this said the total sales of INR 1,016 crores for the quarter that

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