SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Prestige Estates reports 10-fold jump in quarterly profit driven by strong income growth

#Builders & Projects#Commercial#India
Last Updated : 24th May, 2026
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

• Prestige Estates Projects Ltd reported a nearly 10-fold rise in consolidated net profit to INR 250.1 crore for the quarter ended March 31, 2026.
• Net profit stood at INR 25 crore in the same period last year, supported by higher income.
• Total income more than doubled to INR 4,143.5 crore in the January–March quarter of FY2025–26.
• For the full fiscal year, net profit rose to INR 1,195.5 crore from INR 467.5 crore in the previous year.
• Total annual income increased to INR 13,195.5 crore from INR 7,735.5 crore in FY2024–25.

Story Image

Representative image

Prestige Estates Projects Ltd has reported a sharp increase in its consolidated net profit, which rose nearly 10 times to INR 250.1 crore for the quarter ended March 31, 2026. In the same quarter of the previous year, the company had posted a net profit of INR 25 crore. The growth was mainly supported by higher income during the period.


The company’s total income also saw a strong rise, more than doubling to INR 4,143.5 crore during the January–March quarter of FY2025–26, compared with INR 1,589.3 crore in the same period of the previous year, as per its regulatory filing submitted recently.

For the full financial year, Prestige Estates Projects Ltd recorded a more than two-fold increase in net profit to INR 1,195.5 crore, compared with INR 467.5 crore in the previous year. Total income for the year also rose to INR 13,195.5 crore from INR 7,735.5 crore in FY2024–25.

The Bengaluru-based real estate developer, which has a strong presence in residential, commercial, retail and hospitality segments, has seen consistent growth in its financial performance over the years, supported by steady project execution and demand in key urban markets.

Source PTI
Next (Tariq Premji acquires luxury penthouse in Bengaluru for INR 45.71 crore)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market