Prestige Estates Projects Limited has announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved the results during a meeting held on July 29, 2026. Key financial highlights and limited review reports are detailed in the accompanying documents, providing insights into the company’s performance during the period.
Prestige Estates Projects Limited Reports Q1 FY27 Financial Results
Prestige Estates Projects Limited has officially released its unaudited financial results for the first quarter of the financial year 2027, which concluded on June 30, 2026. The company’s Board of Directors convened on July 29, 2026, to review and approve the standalone and consolidated financial statements for the period. The results adhere to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Standalone Financial Performance
For the quarter ended June 30, 2026, Prestige Estates Projects Limited reported total income of ₹8,126 million. Expenses for the same period amounted to ₹8,023 million, resulting in a profit before tax of ₹103 million. After accounting for tax expenses of (₹11) million, the net profit for the quarter stood at ₹114 million. The basic and diluted Earnings Per Share (EPS) for the quarter were ₹0.26.
Consolidated Financial Performance
On a consolidated basis, the Group reported total income of ₹28,356 million for the quarter ended June 30, 2026. Total expenses were ₹24,596 million, leading to a profit before tax of ₹3,760 million. After a total tax expense of ₹943 million, the consolidated net profit for the quarter was ₹2,714 million. The consolidated basic and diluted Earnings Per Share (EPS) stood at ₹5.48.
Key Notes and Disclosures
The company highlighted ongoing legal proceedings related to a real estate project and income tax search matters in its notes to the financial results, stating that its conclusion is not modified in respect of these issues. Additionally, the consolidated results include the financial performance of 70 subsidiaries and 11 joint ventures, whose results have been reviewed by their respective independent auditors. The results also incorporate the financial information of 1 associate and 1 joint venture, which have been approved by management and are considered not material to the Group.
Other Information
The Board of Directors had previously recommended a final dividend of ₹2.00 per share for the financial year ended March 31, 2026, subject to member approval. The company also noted the acquisition of a 50% partnership interest in Aaramnagar Realty LLP during the quarter ended June 30, 2026.
Source: BSE
