Prestige Estates Projects Limited has announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved these results following a meeting held on November 5, 2026. Key financial figures for revenue, profit, and other comprehensive income for both standalone and consolidated entities are detailed in the accompanying statements.
Unaudited Financial Results Declared
Prestige Estates Projects Limited has formally announced its unaudited financial results for the second quarter and the first half of the financial year ending September 30, 2026. The company’s Board of Directors convened on November 5, 2026, to review and approve these results, which encompass both standalone and consolidated financial statements.
Key Financial Highlights
The reported results detail the financial performance for the periods ending September 30, 2026, against comparative periods. Investors can review revenue from operations, profit before tax, and net profit for the period across both standalone and consolidated figures. The statements also include details on other comprehensive income and total comprehensive income, providing a complete picture of the company’s financial health during the reported quarters.
Standalone Performance Snapshot (Q2 FY27)
For the quarter ended September 30, 2026, Prestige Estates Projects Limited reported standalone revenue from operations of ₹6,645 million and other income of ₹1,293 million, leading to total income of ₹7,938 million. Total expenses amounted to ₹7,406 million, resulting in a profit before exceptional items of ₹532 million. After tax expenses of ₹250 million, the net profit for the standalone entity stood at ₹282 million. Total comprehensive income for the quarter was also ₹282 million.
Consolidated Performance Snapshot (Q2 FY27)
On a consolidated basis for the quarter ended September 30, 2026, Prestige Estates Projects Limited reported revenue from operations of ₹20,602 million and other income of ₹1,620 million, bringing the total income to ₹22,222 million. Total consolidated expenses were ₹18,597 million, yielding a profit before exceptional items of ₹3,625 million. After total tax expenses of ₹1,080 million, the consolidated net profit for the quarter was ₹2,562 million. Total comprehensive income for the consolidated entity also amounted to ₹2,562 million.
Six Months Ended September 30, 2026
For the six months ended September 30, 2026, standalone revenue from operations reached ₹14,135 million, with a net profit of ₹396 million. Consolidated revenue from operations for the same period was ₹47,353 million, and the consolidated net profit was ₹5,276 million.
Auditor’s Review
The financial results have undergone a limited review by the statutory auditors, S.R. Batliboi & Associates LLP. Their report indicates that based on their review and the review reports of other auditors for subsidiary entities, nothing has come to their attention to suggest that the accompanying statements are not free from material misstatement and that they have been prepared in compliance with relevant accounting standards and regulations.
Other Disclosures
The accompanying notes to the financial results provide additional details on segment information, joint development agreements, income tax matters, and investment activities. Notably, the company has acquired a 50% partnership interest in Aaramnagar Realty LLP during the six-month period and has also classified certain assets as held for sale as of September 30, 2026.
Source: BSE