Prestige Estates Projects Limited announced record-breaking sales of ₹223,273 million and collections of ₹132,833 million for the nine months ended December 31, 2025 (9M FY26). Q3 FY26 sales reached ₹41,836 million, a 39% year-on-year increase. These results highlight strong demand and execution capabilities.
Exceptional Financial Performance
Prestige Estates Projects Limited reported its operational performance for Q3 FY26 and 9M FY26, achieving record sales and collections alongside sustained execution momentum. The announcement was made on January 14, 2026.
Sales Highlights
The company recorded pre-sales of ₹41,836 million in Q3 FY26, representing a 39% year-on-year growth.
For the nine months ended FY26, pre-sales surged to ₹223,273 million, up 122% year-on-year, marking the highest sales ever achieved and surpassing previous full-year peak sales within just nine months. Sales volume for Q3 FY26 stood at 2.99 million sq. ft., with cumulative sales volume for 9M FY26 reaching 16.95 million sq. ft.
During Q3 FY26, the Company sold 1,811 units, bringing the total units sold in 9M FY26 to 8,598 units.
Geographically, Mumbai contributed 36%, Bengaluru 25%, Hyderabad 16%, NCR 16%, Chennai 5% and Kochi 2% of total sales during the quarter.
Average realization during the quarter stood at ₹14,459 per sq. ft., reflecting a 6% year-on-year growth. Plot realizations continued to see strong traction, with average realization at ₹9,165 per sq. ft., recording a 31% year-on-year increase.
Collections Performance
Collections for Q3 FY26 stood at ₹45,475 million, registering a 40% year-on-year growth. Collections for 9M FY26 reached ₹132,833 million, marking the highest collections ever achieved in any nine-month period.
Launches and Completions
During Q3 FY26, the Company launched 5.02 million sq. ft., bringing total launches in 9M FY26 to 23.83 million sq. ft. Key launches include Forum @ The Prestige City (Hyd), Forum @ The Prestige City Indirapuram, and Prestige Garden Trails.
During Q3 FY26, the Company completed 4.72 million sq. ft., taking total completions for 9M FY26 to 12.71 million sq. ft. Key completions include Eden Park @ TPC, Prestige Green Gables and Prestige Tech Hub.
Office and Retail Portfolio Updates
Leasing during Q3 FY26 stood at 0.56 million sq. ft. Occupancy across the operating office portfolio remained strong at over 95% as of December 31, 2025. The Exit rentals from the office portfolio for FY26 are expected to be ₹8,286 million. Office annuity income is projected to reach ~₹40,000 million by FY30.
Total mall footfalls during Q3 FY26 stood at 5.2 million. Gross Turnover (GTO) across malls was ₹7,015 million, reflecting a 14% year-on-year growth. Exit rentals from the retail portfolio for FY26 are expected to be ₹2,754 million. With 13 malls in the development pipeline, exit rentals are projected to grow to ~₹10,920 million by FY30.
Source: BSE
