Prestige Estates Q4 profit jumps 10-fold to Rs 250 cr, income surges to Rs 4,143 cr

Prestige Estates Projects Ltd has reported a 10-fold jump in consolidated net profit to Rs 250.1 crore for the quarter ended March 31, 2026, driven by higher income.

Prestige Estates Projects Ltd has posted a 10-fold jump in consolidated net profit to Rs 250.1 crore for the quarter ended March 31, 2026 driven by higher income.

Its net profit stood at Rs 25 crore in the year-ago period.

Total income also more than doubled to Rs 4,143.5 crore during the January-March quarter of 2025-26 fiscal from Rs 1,589.3 crore in the corresponding period of the preceding year, according to a regulatory filing on Thursday.

During the 2025-26 fiscal year, the company's net profit jumped over two times to Rs 1,195.5 crore from Rs 467.5 crore in the preceding year.

Total income rose to Rs 13,195.5 crore last fiscal from Rs 7,735.5 crore during 2024-25.

Prestige group Chairman and Managing Director Irfan Razack said: ''FY26 has been a landmark year for Prestige, marked by our highest-ever sales and collections alongside strong growth in revenue and profitability. These results reflect the strength of our brand, the trust of our customers, and our ability to execute consistently across markets and asset classes.''.

He noted that the company continues to witness encouraging demand across its residential business while simultaneously expanding footprint across commercial, retail, hospitality, and mixed-use developments.

''Our operational performance during the last fiscal year gives us confidence as we move into the next phase of growth with a robust launch pipeline across key geographies. Backed by strong fundamentals, disciplined execution, and a diversified development portfolio, we remain focused on creating long-term value for all stakeholders,'' Razack said.

The company's sales bookings stood at a record Rs 30,024 crore in the 2025-26 fiscal, up 76 per cent from the preceding year.

Meanwhile, the board recommended payment of final dividend at 20 per cent (Rs 2 per share) on the equity shares of the company for the year ended March 31, 2026, subject to approval of shareholders.

It also approved issuance of non-convertible debentures for an aggregate amount up to Rs 2,000 crore on private placement basis subject to approval of shareholders.

Bengaluru-based Prestige Estates Projects Ltd is one of the leading real estate developers in the country.

The Group has delivered 313 projects spanning 206 million sq ft. It has a pipeline of 128 projects across 195 million sq ft.