IndustryLatest Stories

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…

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Prestige Estates’ Profit Soars 111.61% to ₹1,305.4 Cr in FY26

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…

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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…