Q2 2020 Prestige Estates Projects Ltd Earnings Call Hosted By Axis Capital Ltd Transcript

Nov 13, 2019 / 10:00AM GMT
Unidentified Company Representative -

Yes, good afternoon, everyone. Thanks for taking the time out to attend this con call. From Prestige Estates management, we have today Mr. Irfan Razack, Chairman and Managing Director; Mr. Venkat K Narayana, Chief Executive Officer; and Mr. V.V.B. Sarma, Chief Financial Officer.

I would like to now hand over the call to the management for their opening remarks. Over to you, sir.

Konanki Venkata Narayana - Prestige Estates Projects Limited - CEO

Good afternoon to all of you. Thank you for taking time out for participating in the post results conference call of Prestige Estates. Let me take you through the macro highlights of the quarter and the half year that has gone by.

Q2 operationally has been a very good quarter. In terms of presales, we clocked INR 1,226 crores of presales, sold 1.46 million square foot of area. The total collections for the quarter stood at INR 1,078 crores, up by 5% compared to the last year. These collections do not include the incomes from annuity portfolio and also the hospitality and

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot