Tag: Prestige Estates Projects

IndustryLatest Stories

Prestige Estates Q1 FY26 Net Profit Up 1.47%

NEW DELHI: Prestige Estates Projects has reported a 1.47% increase in its net consolidated profit for the quarter ending June 30, 2025, with a profit after tax of ₹311.50 crore for Q1 FY26, compared to ₹307 crore in the same quarter last year, as per the company’s filing with BSE. The net consolidated total income for Q1 FY26 reached ₹2,468.70 crore, marking a 21.94% rise from ₹2,024.50 crore during the equivalent period in the previous fiscal year. In April 2025, Prestige Hospitality Ventures (PHVL), a fully-owned subsidiary of Prestige Estates, submitted a draft red herring prospectus (DRHP) to the Securities…

IndustryLatest Stories

Prestige Estates posts ₹12,126 crore sales in Q1 FY26

Sure! Here’s a rewritten version of the content: — Representative image created by AI NEW DELHI: Prestige Estates Projects has recorded sales of ₹12,126 crore in Q1 FY26, marking a nearly four-fold increase compared to the same quarter last year. The company sold 4,718 units from April to June, resulting in 9.55 million sq ft of saleable area—a 234% year-on-year growth. Collections reached ₹4,523 crore, up 55% from Q1 FY25. The average realization was ₹13,339 per sq ft for apartments and ₹7,343 per sq ft for plotted developments. NCR Fuels Growth, Mumbai Sees First Project Completions This quarter saw a…