Prestige Estates Projects Limited announced strong financial results for Q2 and H1 FY26. Revenue for Q2 FY26 reached ₹26,978 million, an 11.3% increase year-on-year. H1 FY26 revenue hit ₹51,665 million, up 16.15% compared to the previous year. The company achieved record half-yearly sales and collections, surpassing its entire FY25 annual sales within the first six months of FY26. A diversified portfolio drives sustained growth across key markets.
Financial Performance Highlights
Prestige Estates Projects Limited has reported significant financial growth for the second quarter and first half of fiscal year 2026. Key figures include:
Q2 FY26:
Revenue: ₹26,978 million, up 11.3% year-on-year.
EBITDA: ₹11,759 million, a 56.64% increase year-on-year, with a margin of 43.59%.
Profit After Tax (PAT): ₹4,578 million, reflecting a 95.14% year-on-year growth and a margin of 16.97%.
H1 FY26:
Revenue: ₹51,665 million, a 16.15% increase compared to the previous year.
EBITDA: ₹22,311 million, higher by 30.52% year-on-year, leading to a margin of 43.18%.
Profit After Tax: ₹7,698 million, a 42.13% rise, with a margin of 14.90%.
Operational Achievements
The company achieved its best-ever half-yearly sales and collections, amounting to ₹1,81,437 million and ₹87,356 million, respectively. Prestige surpassed its entire FY25 annual sales within the first six months of FY26, indicating strong market demand across various asset classes and geographies.
Growth Drivers and Market Presence
Prestige Estates’ sustained growth is attributed to its diversified portfolio across key markets, including Bengaluru, Mumbai, Hyderabad, NCR, Chennai, Goa, Calicut, and Kochi. The company emphasizes timely project execution and strong customer relationships.
Management Commentary
Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, stated, “We are pleased to share yet another period of steady financial and operational performance… With a healthy launch pipeline ahead, we are well-positioned to sustain our growth trajectory through the remainder of the year.”
Source: BSE
