Prestige Estates Projects Ltd delivered a strong financial performance for the quarter ended March 31, 2026, with consolidated net profit surging nearly 10 times year-on-year due to higher income and robust real estate demand.
The company posted a consolidated net profit of ₹250.1 crore in Q4 FY26, compared to ₹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 a year earlier, according to the company’s regulatory filing.
For the full FY26 financial year, net profit rose over two times to ₹1,195.5 crore, compared to ₹467.5 crore in FY25. Total income also increased sharply to ₹13,195.5 crore from ₹7,735.5 crore in the previous fiscal year.
One of the biggest highlights for Prestige Estates was its record sales bookings during FY26.
The company reported sales bookings of ₹30,024 crore for the financial year, marking a strong 76% increase over the previous year. The growth reflects sustained demand in the residential real estate segment despite broader market uncertainties.
Chairman and Managing Director Irfan Razack described FY26 as a “landmark year” for the company, driven by record sales, collections, revenue growth, and profitability.
He added that the company continues to witness healthy demand across residential projects while also expanding its presence in commercial, retail, hospitality, and mixed-use developments.
The board recommended a final dividend of ₹2 per equity share for FY26, subject to shareholder approval.
Prestige Estates also approved raising up to ₹2,000 crore through non-convertible debentures (NCDs) on a private placement basis.
The Bengaluru-based real estate developer has delivered 313 projects spanning 206 million square feet and currently has a pipeline of 128 projects covering nearly 195 million square feet.
Read more: Godrej Properties Teams Up with Tata Projects for Massive ₹1,100 Crore Gurugram Deal.
Prestige Estates delivered a strong FY26 performance backed by rising demand, record sales bookings, and expanding operations across multiple real estate segments. With a robust project pipeline, improving profitability, and continued expansion plans, the company appears well-positioned to sustain growth momentum in the coming years.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: May 22, 2026, 4:10 PM IST
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