NEW DELHI: Prestige Estates Projects has announced a remarkable 111.61% growth in its consolidated net profit for the fiscal year 2025-26, reaching ₹1,305.4 crore compared to ₹616.9 crore in FY25, according to a filing with BSE.
The company’s overall consolidated income for FY26 amounted to ₹13,195.5 crore, up by 70.58% from ₹7,735.5 crore in FY25.
In the fourth quarter of FY26, the net consolidated income surged by 160.71% to ₹4,143.5 crore, rising from ₹1,589.3 crore in the same quarter of the previous year. The profit after tax for Q4 FY26 was ₹291.8 crore, compared to ₹43.1 crore reported during the corresponding period last fiscal.
The board of directors has recommended a final dividend of 20% (₹2 per share) on the company’s equity shares for the year ending March 31, 2026.
Additionally, the board has approved the issuance of non-convertible debentures valued at up to ₹2,000 crore on a private placement basis, pending shareholder approval.
Uzma Irfan has been redesignated as whole-time director for a term of five years, effective from May 21, 2026, until May 20, 2031.
The company reported sales of ₹30,024.5 crore and collections of ₹18,514.6 crore from the residential segment, with an average price realization of ₹14,470 per sq ft for apartments and villas in FY26.
The net debt was recorded at ₹10,908.2 crore, with an average debt cost of 9.33% and a debt-equity ratio of 0.65 as of March 31, 2026.
