Prerna Infrabuild Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 30, 2013 at 06:48 pm IST
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Prerna Infrabuild Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 5.832 million, loss from operations before other income, finance costs and exceptional items of INR 2.604 million, loss from ordinary activities before tax of INR 1.091 million and net loss of INR 1.091 million or INR 0.14 per basic and diluted share after extraordinary items compared to net sales of INR 68.000 million, loss from operations before other income, finance costs and exceptional items of INR 0.533 million, profit from ordinary activities before tax of INR 6.483 million and net profit of INR 6.483 million or INR 0.82 per basic and diluted share after extraordinary items reported in the same period last year.
For the nine months, the company reported net sales of INR 16.723 million, loss from operations before other income, finance costs and exceptional items of INR 8.761 million, loss from ordinary activities before tax of INR 2.427 million and net loss of INR 2.427 million or INR 0.31 per basic and diluted share after extraordinary items compared to net sales of INR 68.767 million, profit from operations before other income, finance costs and exceptional items of INR 9.819 million, profit from ordinary activities before tax of INR 9.819 million and net profit of INR 8.419 million or INR 1.06 per basic and diluted share after extraordinary items reported in the same period last year.
Prerna Infrabuild Limited is an India-based company, which is engaged in the business of developing residential buildings. The Company has business interests in commercial and residential real estate projects. It has developed various projects, including Doctor House, Prerna Tirth, Prerna Darshan, Prerna Apartments, Jain Derasar & Bhavan, Prerna Kutir, Prerna Deep, Prerna Tirth II, Prerna Tirth I, Prerna Vihar, Prerna Viraj I, Prerna Viraj II, Prerna Shikhar, Prerna Arcade, Prerna Arbour, Prerna Aura, Prerna Aroma, Prerna Aagam, Prerna Raj Vijay Tirth, Prerna Tirth Jain Derasar and Bhavan, and others. The Company also develops various projects, including Prerna Aashtamangal, and Prerna Aartika. Its Prerna Aura project is a scheme of plots and bungalows, which has plot sizes ranging from 500 square yards to 2,500 square yards. Its Prerna Aroma project includes residential plots and bungalows plots of over 500 square yards.