Prestige Estates Projects Limited reported a consolidated net profit of ₹10.14 billion for the nine months ended December 31, 2025. Revenue from operations reached ₹86.12 billion. The company also stated that its standalone net profit for the same period was ₹790 million. Earnings per share stood at ₹21.95.
Financial Performance Highlights
Prestige Estates Projects Limited announced its consolidated unaudited financial results, showcasing notable achievements:
- Revenue from Operations: ₹86.12 billion
- Consolidated Net Profit: ₹10.14 billion
- Standalone Net Profit: ₹790 million
- Earnings Per Share: ₹21.95
Segmental Overview
The company operates primarily in the real estate development sector. There are no additional segment disclosures. The operations are based in India.
Subsidiary and Joint Venture Contributions
The consolidated statement includes financial results from 63 subsidiaries. They reported total revenues of ₹18.32 billion for the quarter and ₹39.91 billion for the nine months ended December 31, 2025. The net profit after tax totaled ₹892 million and ₹3.97 billion for the quarter and nine-month period, respectively.
Additionally, 10 joint ventures contributed to the results, reporting a net profit of ₹199 million and ₹93 million for the quarter and nine months ended December 31, 2025 respectively.
Key Corporate Actions
- Acquired additional stake in Prestige Nottinghill Investments, Apex Realty Ventures LLP, and Prestige AAA Investments.
- Obtained a controlling stake in Bharatnagar Buildcon LLP.
QIP Proceeds
The company issued equity shares via a Qualified Institutional Placement (QIP), raising ₹50 billion. As of December 31, 2025, ₹46.78 billion has been utilized. The remaining ₹3.75 billion is held in bank accounts and temporary investments.
PHVL Initial Public Offering
Prestige Hospitality Ventures Limited (PHVL), a subsidiary, has filed a Draft Red Herring Prospectus for an IPO to raise up to ₹10 billion via offer for sale and up to ₹17 billion through a fresh issue of equity shares.
Source: BSE
