Synopsis : Prestige Estates Projects reported a sharp surge in Q4 FY26 profitability as strong real estate demand and higher project execution boosted revenue growth. The Bengaluru-based real estate developer also recorded its highest-ever annual sales bookings during FY26 and announced dividend and fundraising plans.
Prestige Estates Projects Ltd posted a nearly 10-fold rise in consolidated net profit for the March quarter of FY26, supported by strong growth in revenue and sustained demand across residential and commercial real estate segments.
The company reported consolidated net profit of ₹250.1 crore during Q4 FY26 compared with ₹25 crore in the corresponding quarter last year.
Total income during the January–March quarter more than doubled to ₹4,143.5 crore from ₹1,589.3 crore reported during the same period of FY25, according to the company’s regulatory filing.
For the full financial year FY26, Prestige Estates reported a consolidated net profit of ₹1,195.5 crore, more than double the ₹467.5 crore reported during FY25.
Annual total income rose sharply to ₹13,195.5 crore during FY26 compared with ₹7,735.5 crore in the previous financial year.
The company said strong operational execution and robust customer demand across key markets contributed significantly to the growth in both revenue and profitability.
Prestige Group Chairman and Managing Director Irfan Razack described FY26 as a landmark year for the company, highlighting record sales and collections alongside strong business expansion across multiple real estate segments.
Razack stated that the company continues to witness encouraging demand in its residential business while simultaneously expanding its footprint across commercial, retail, hospitality and mixed-use developments.
He added that Prestige’s strong operational performance during FY26 provides confidence for the next phase of growth, supported by a robust launch pipeline across major geographies.
The company’s sales bookings reached a record ₹30,024 crore during FY26, reflecting a 76% increase compared with the previous financial year.
Prestige Estates said its diversified development portfolio and disciplined execution strategy continue to strengthen long-term growth prospects.
The Board of Directors recommended a final dividend of 20% or ₹2 per equity share for FY26, subject to shareholder approval.
The board also approved raising up to ₹2,000 crore through issuance of non-convertible debentures (NCDs) on a private placement basis, pending shareholder approval.
Bengaluru-headquartered Prestige Estates Projects is one of India’s leading real estate developers with a strong presence across residential, commercial, retail and hospitality segments.
The group has delivered 313 projects spanning around 206 million square feet and currently has a pipeline of 128 projects covering nearly 195 million square feet.
Disclaimer : This article is for informational and educational purposes only and should not be considered investment advice. Investors should consult certified financial advisors before making investment decisions.
.jpg)
