(Reuters) - Toll Brothers Inc , the largest U.S. luxury homebuilder, reported a 78 percent jump in quarterly profit as it sold more homes at higher prices.
The company's net income rose to $81.3 million, or 44 cents per share, in the first quarter ended Jan. 31, from $45.6 million, or 25 cents per share, a year earlier.
Total revenue rose 33 percent to $853.5 million.
The number of homes finished rose 18 percent to 1,091, while the average selling price rose 13 percent to $782,300, the company said.
(Reporting by Ankit Ajmera in Bengaluru; Editing by Maju Samuel)
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