Prestige Estates Projects Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board has recommended a final dividend of 20% (Rs. 2 per share) for the fiscal year. Furthermore, the company approved the issuance of Rs. 2,000 crores in non-convertible debentures and the redesignation of Ms. Uzma Irfan as Whole-Time Director, reinforcing the company’s growth-oriented strategic roadmap for the coming five years.
Financial Performance Overview
For the financial year ended March 31, 2026, Prestige Estates Projects Limited demonstrated robust growth. On a standalone basis, the company reported annual revenue from operations of Rs. 40,804 million, with a net profit of Rs. 1,832 million. Consolidated performance was significantly stronger, with annual revenue of Rs. 1,26,854 million and a consolidated net profit of Rs. 13,054 million for the same period.
Strategic Capital and Dividend Distribution
In a move to strengthen its balance sheet and support future expansion, the Board of Directors has approved the issuance of non-convertible debentures aggregating up to Rs. 2,000 crores on a private placement basis, subject to shareholder approval. Additionally, rewarding shareholders for the company’s performance, the Board recommended a final dividend of 20%, equating to Rs. 2 per equity share, pending approval at the upcoming 29th Annual General Meeting.
Leadership Transition
The company has strengthened its leadership team with the redesignation of Ms. Uzma Irfan as Whole-Time Director. This appointment is effective from May 21, 2026, and extends for a five-year term ending May 20, 2031. Ms. Irfan, who has previously served as the Director of Corporate Communications, is recognized for her role in fostering the company’s collaborative workplace and entrepreneurial spirit, which have been pivotal to the group’s ongoing success.
Source: BSE
