Whalesbook
Prestige Estates Projects closed fiscal year 2025-26 with its most profitable performance to date, powered by exceptional sales bookings and consistent project execution.
The Bengaluru-based developer announced a net profit of Rs 1,311.9 crore, marking a significant 112.8% increase compared to the previous year. Total revenue for the fiscal year climbed by 71% to Rs 13,195.5 crore, while operating profit saw a substantial 43% rise, reaching Rs 4,219.2 crore. The company maintained an operating margin of 31.97% and a profit after tax margin of 9.94% for the period.
Record Sales and Collections Drive Growth
Annual sales bookings hit a new record of Rs 30,024.5 crore. This was supported by collections totaling Rs 18,514.6 crore, indicating strong buyer interest in Prestige Estates' residential projects and healthy cash flow.
Irfan Razack, CMD of Prestige Estates Projects, described FY26 as a "landmark year." He expressed confidence in the company's ongoing growth, citing encouraging demand in its residential business and expansion across commercial, retail, hospitality, and mixed-use developments.
Q4 Performance Bolsters Annual Results
The fourth quarter of FY26 also delivered strong results. Net profit in the March quarter increased nearly six-fold to Rs 297.2 crore. Revenue for the quarter surged by 161% to Rs 4,143.5 crore, with operating profit up 85% to Rs 1,115.2 crore. Quarterly operating and PAT margins were reported at 26.91% and 7.17%, respectively.
Prestige Estates is actively expanding its presence, with a particular focus on Mumbai's redevelopment and premium housing sectors.