Prestige Estates’ Q1 FY27 Net Profit Falls 13% to ₹271.40 Crore
NEW DELHI: Prestige Estates Projects has experienced a 12.9% drop in its net consolidated profit after tax, reporting ₹271.40 crore for the quarter ending June 30, 2026, down from ₹311.50 crore for the same period last year. The company’s net consolidated total income saw an increase of 14.9%, reaching ₹2,835.60 crore in Q1 FY27 compared to ₹2,468.70 crore in Q1 FY26. Sales recorded during the quarter amounted to ₹6,579.30 crore, a decline of 46% year-on-year. The Prestige Group’s share in sales was ₹6,126.60 crore, representing a 43% decrease. Collections rose by 6% year-on-year to ₹4,802.20 crore, with the group’s share…