GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prestige Estates Projects Ltd (BOM:533274) » Definitions » Net Income

Prestige Estates Projects (BOM:533274) Net Income : ₹17,025 Mil (TTM As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Prestige Estates Projects Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Prestige Estates Projects's Net Income for the three months ended in Dec. 2023 was ₹1,163 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was ₹17,025 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Prestige Estates Projects's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was ₹2.90.


Prestige Estates Projects Net Income Historical Data

The historical data trend for Prestige Estates Projects's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prestige Estates Projects Net Income Chart

Prestige Estates Projects Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,156.00 4,031.00 27,823.00 11,500.00 9,418.00

Prestige Estates Projects Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,278.00 4,684.00 2,669.00 8,509.00 1,163.00

Prestige Estates Projects Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Prestige Estates Projects's Net Income for the fiscal year that ended in Mar. 2023 is calculated as

Net Income(A: Mar. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=14143+-3475+0+-1250
=9,418

Prestige Estates Projects's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2370+-723+0+-484
=1,163

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹17,025 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Prestige Estates Projects  (BOM:533274) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Prestige Estates Projects's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Prestige Estates Projects Net Income Related Terms

Thank you for viewing the detailed overview of Prestige Estates Projects's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Prestige Estates Projects (BOM:533274) Business Description

Traded in Other Exchanges
Address
No. 19, Brunton Road, Prestige Falcon Tower, Bangalore, KA, IND, 560025
Prestige Estates Projects Ltd is a real estate development group operating in South India, including in the cities of Chennai, Hyderabad, Kochi, Mysuru, Mangaluru, and Goa. The Prestige Group's property portfolio covers the residential, commercial, retail, property management, and hospitality segments. Projects include landmark malls, large townships, tech parks, hotels, and luxury villas. Most of the company's completed projects come from its Residential segment, while the overwhelming majority of new projects are also from its residential segment. The company generates the majority of its revenue from the Residential segment.

Prestige Estates Projects (BOM:533274) Headlines

No Headlines