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Monday
September 2020
12:08 PM IST
News Headlines
Hope the youngsters translate their talent into performance: Warner        Slovenia celebrates likely 1-2 Tour de France victory        Kohli begins hunt for elusive IPL title as RCB face Sunrisers        TCS sets up 11 COVID-19 isolation centres for staff, their dependents        Over Rs 70K crore worth of loans sanctioned to discoms under liquidity package: Govt        Virginia Commonwealth to remove Confederate names, symbols        Hefty fines for COVID-19 quarantine breaches in England        Trump to nominate female judge for Supreme Court        Sachin Pilot to campaign for Congress in MP Assembly bypolls        Farmers protest against farm bills in Haryana        Overall COVID-19 deaths per million population in India low compared to other countries: Govt        Will not sign death warrant of farmers: Cong in RS on farm bills        Burkina Faso striker Traore leaves Lyon for Aston Villa        AIFF to conduct three-day International Virtual Conference for coaches        Looking to play good brand of cricket to make this season a memorable one: KL Rahul        US stocks fall as market decline extends for third week        No decision to discontinue printing of Rs 2000 note: FinMin        Iran vows 'hit' on all involved in US killing of top general        Russia's Navalny says he's now more than 'technically alive'        Pak uses drone to weapons in J-K's Rajouri; 3 LeT terrorists arrested        
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Business News
Prestige group's FY20 sales bookings flat at Rs 4,560 crore
 
New Delhi, Jun 28 (PTI) Realty firm Prestige Estates Projects Ltd's sales bookings remained flat at Rs 4,560.7 crore in the financial year 2019-20 amid demand slowdown in the real estate sector and the COVID-19 pandemic.

The Bengaluru-based developer's sales bookings had stood at Rs 4,557.1 crore in the previous year.

The company had given a guidance of sales bookings between Rs 5,000 crore and Rs 6,000 crore for the financial year 2019-20, but it fell short of achieving it due to economic slowdown and the outbreak of the coronavirus pandemic during the fourth quarter.

Among other major players, DLF's net sales bookings rose 2 per cent to Rs 2,485 crore during the last fiscal year.

Godrej Properties' total sales bookings stood at Rs 5,915 crore during 2019-20, compared with Rs 5,316 crore in the previous year.

According to an investor presentation, Prestige group's collection of funds from customers against the sales bookings rose to Rs 4,675.6 crore in the last fiscal, from Rs 4,408.5 crore in the previous year.

Prestige group launched projects worth 17.12 million sq ft area in 2019-20, a sharp jump from 6.63 million sq ft in the previous year. It completed 19.32 million sq ft area as against 24.09 million sq ft during the period under review.

Prestige group recently reported a 64 per cent fall in its consolidated net profit to Rs 51.1 crore for the quarter ended March. Its net profit had stood at Rs 141.9 crore in the year-ago period.

The company's total income rose to Rs 2,016.9 crore in the fourth quarter of 2019-20, from Rs 1,994.3 crore a year ago.

Its consolidated net profit stood at Rs 548.6 crore for the last financial year compared with Rs 441.9 crore in the previous year.

Total income rose to Rs 8,243.3 crore in the financial year 2019-20, from Rs 5,284.1 crore in the previous year.


TCS sets up 11 COVID-19 isolation centres for staff, their dependents
Over Rs 70K crore worth of loans sanctioned to discoms under liquidity package: Govt
US stocks fall as market decline extends for third week
No decision to discontinue printing of Rs 2000 note: FinMin
More Indians in Singapore returning home due to job losses: Envoy
Rupee drops 13 paise to 73.73 against US dollar in early trade
Trai grants Voda Idea time till Sep 8 to respond to priority plan show-cause notice
PVR defers capex plans to control costs amid COVID-19 disruptions
India's commitment to reform being taken seriously by foreign investors: FM
Air India to resume Mumbai-Aurangabad flights from Sep 15
Paytm FY'20 revenue rises to Rs 3,629 cr, loss narrows by 40 pc
Sensex tanks over 600 pts on global selloff; Nifty below 11,400
Tata Motors shares gain 1 pc after August sales data
India ready to work with FAO to help other nations in tackling locust problem: Agri ministry
GST collection drops for second month in Aug to Rs 86,449 cr
TCS shares decline over 1 pc
Gujarat tops Niti Aayog's Export Preparedness Index 2020
RBI sees demand recovery taking more time, dependent on govt consumption
Singapore govt, monetary authority trim stake in Zee Entertainment
Average salary increment falls to 3.6 pc this fiscal, says survey
KERALA NEWS
Take steps to attach properties of pvt financial institution; HC to govt
 Kochi: The Kerala High Court on Wednesday directed the state government to take steps to attach the  
Kerala logs single-day highest spike of 3,830 COVID-19 cases
Jaleel has committed no wrong, says Kerala CM
"My hands are clean, not accepted any gift or money" Minister
INTERNATIONAL NEWS
Virginia Commonwealth to remove Confederate names, symbols
 Richmond (US), Sep 20 (AP) A university in the former capital of the Confederacy will remove buildin
Hefty fines for COVID-19 quarantine breaches in England
Trump to nominate female judge for Supreme Court
Iran vows 'hit' on all involved in US killing of top general
NATIONAL NEWS
Sachin Pilot to campaign for Congress in MP Assembly bypolls
 Bhopal, Sep 20 (PTI) The Madhya Pradesh Congress has roped in its Rajasthan leader Sachin Pilot to c
Farmers protest against farm bills in Haryana
Overall COVID-19 deaths per million population in India low compared to other countries: Govt
Pak uses drone to weapons in J-K's Rajouri; 3 LeT terrorists arrested
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