Prestige Estates Reports Strong Q2 Results: Profit Surges 124% to ₹430 Crore
Realty firm Prestige Estates Projects Ltd announced impressive financial results for the quarter ended September 2025. The company reported a net profit of ₹430 crore, marking a 124% increase from ₹192 crore in the same period last year. This surge in profit is attributed to strong operational performance and expanded margins.
Revenue for the second quarter of FY26 increased by 5.5% to ₹2,431 crore, up from ₹2,304 crore in the corresponding quarter of the previous year. EBITDA grew by 44.2% year-on-year to ₹910 crore, up from ₹631 crore in Q2 FY25. The company’s EBITDA margin expanded significantly to 37.4% from 27.4% in the same period last year.
For the half year ended September 30, 2025 (H1 FY26), Prestige Estates Projects reported a 16.15% year-on-year rise in revenue to ₹5,166.5 crore. EBITDA grew by 30.52% to ₹2,231.1 crore, resulting in an EBITDA margin of 43.18%. Profit after tax increased by 42.13% to ₹769.8 crore, with the PAT margin improving to 14.9%.
The company also achieved its best-ever half-yearly operational performance, recording sales of ₹18,143.7 crore and collections of ₹8,735.6 crore. Prestige Estates surpassed its entire FY25 annual sales within the first six months of FY26, reflecting strong demand across asset classes and geographies.
Irfan Razack, Chairman and Managing Director of the Prestige Group, expressed his satisfaction with the company's performance. “We are pleased to share yet another period of steady financial and operational performance. The first half of FY26 has been particularly encouraging, with robust sales momentum and strong cash flows underscoring the enduring trust that homebuyers and investors place in the Prestige brand,” he said.
Razack added, “Our focus remains on timely delivery, prudent capital allocation, and expanding our footprint across key growth markets. With a healthy launch pipeline ahead, we are well-positioned to sustain our growth trajectory through the remainder of the year.”
Despite the strong financial performance, shares of Prestige Estates Projects Limited ended at ₹1,700.45, down by ₹59.10, or 3.36%, on the BSE. This decline in share price could be attributed to market sentiment and other external factors.
Prestige Estates has a solid reputation in the real estate sector, known for its high-quality projects and timely deliveries. The company's strategic focus on expanding its footprint across key markets and maintaining strong operational performance positions it well for continued growth in the future.
