Prestige Estates Projects Skyrockets: 124% Profit Surge Ignites Real Estate Frenzy!

Real Estate

|

Updated on 12 Nov 2025, 04:07 pm

Prestige Estates Projects Limited announced stellar financial results for the second quarter of fiscal year 2026 (ended September 30, 2025). The company's net profit more than doubled, soaring by 124% to ₹430 crore, up from ₹192 crore in the same period last year (Q2 FY25). Total revenue saw a moderate increase of 5.5%, reaching ₹2,431 crore in Q2 FY26 compared to ₹2,304 crore in Q2 FY25. A key highlight is the robust growth in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), which jumped 44.2% year-on-year to ₹910 crore from ₹631 crore in Q2 FY25. This strong performance also led to a significant expansion in the EBITDA margin, which improved from 27.4% in Q2 FY25 to 37.4% in Q2 FY26, indicating enhanced operational efficiency and profitability. Despite these strong results, the company's shares closed down 3.36% at ₹1,700.45 on the BSE on Wednesday.

Impact This news is highly positive for the real estate sector, demonstrating strong earnings potential and operational improvements. It could boost investor confidence in other real estate stocks and potentially influence sector-specific indices. Rating: 7/10.

Difficult Terms Explained: Net Profit: The profit remaining after all expenses and taxes have been deducted from the revenue. Revenue: The total income generated from the sale of goods or services related to the company's primary operations. EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure of a company's operating performance. EBITDA Margin: Calculated as EBITDA divided by Revenue, expressed as a percentage. It shows how efficiently a company is managing its operations to generate profit before accounting for financing and non-operating expenses.