At the company level, revenue from rentals rose by 23% to Rs. 423 mn due to higher occupancy and average rentals, with other services contributing Rs. 23 mn an increase of 34% resulting in a total revenue of Rs. 447 mn. Maintaining direct expenses in check at Rs 106 mn allowed the Gross Margin to rise to 76%.
The PAT at company level rose to Rs. 607 mn, a rise of 26% for the quarter. The overhead costs were lower than the previous year's quarter whilst finances were better managed to record a net finance income of Rs. 64 mn.
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