Prestige Estates Projects Limited

Prestige Estates Projects Limited will close its trading window for all designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of financial results for the quarter and half year ended September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations 2015.

Prestige Estates Projects Limited announced the incorporation of two wholly-owned subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, on September 9, 2026, both incorporated in India under the Limited Liability Partnership Act, 2008, with a contribution of Rs 1,00,000 each, and both entities are intended to carry on business of real estate development and have yet to commence operations.

Prestige Estates Projects Ltd rose 1.35% today to trade at Rs 1605.9. The BSE Realty index is up 0.7% to quote at 7144.28. The index is up 1.4 % over last one month. Among the other constituents of the index, Lodha Developers Ltd increased 0.99% and Phoenix Mills Ltd added 0.98% on the day. The BSE Realty index went up 0.28 % over last one year compared to the 5.38% fall in benchmark SENSEX. Prestige Estates Projects Ltd has lost 3.39% over last one month compared to 1.4% gain in BSE Realty index and 1.08% rise in the SENSEX. On the BSE, 54 shares were traded in the counter so far compared with average daily volumes of 50064 shares in the past one month. The stock hit a record high of Rs 1804.65 on 03 Nov 2025. The stock hit a 52-week low of Rs 1090.45 on 02 Apr 2026.

Prestige Estates Projects Limited announced that a sub-committee of its Board of Directors approved a binding framework agreement for CPP Investment Board Private Holdings (4) Inc. to invest up to INR 3,000,00,00,000 in Prestige Hospitality Ventures Limited, a wholly owned subsidiary of Prestige Estates Projects Limited, through multiple tranches, representing up to 28% of the shareholding in PHVL.

Prestige Estates Projects Ltd announced the reaffirmation of its credit ratings by ICRA Limited for several instruments, including Long-term – Fund-based – Term loan [ICRA]A+ (Stable), Long-term – Non-fund based limits [ICRA]A+ (Stable), Long-term – Fund-based limits [ICRA]A+ (Stable), Long-term – Unallocated limits [ICRA]A+ (Stable), and Commercial paper [ICRA]A1, with the latter also being assigned for an enhanced amount; no enhancements, assignments, or withdrawals were noted beyond this assignment for the Commercial Paper.

Prestige Estates Projects Ltd gained 4.3% today to trade at Rs 1621.8. The BSE Realty index is up 1.72% to quote at 7079.14. The index is up 0.02 % over last one month. Among the other constituents of the index, Godrej Properties Ltd increased 2.73% and DLF Ltd added 1.71% on the day. The BSE Realty index went up 0.41 % over last one year compared to the 2.24% fall in benchmark SENSEX. Prestige Estates Projects Ltd has lost 4.8% over last one month compared to 0.02% gain in BSE Realty index and 0.78% rise in the SENSEX. On the BSE, 3085 shares were traded in the counter so far compared with average daily volumes of 93296 shares in the past one month. The stock hit a record high of Rs 1804.65 on 03 Nov 2025. The stock hit a 52-week low of Rs 1090.45 on 02 Apr 2026.

Prestige Estates Projects Limited has uploaded an investor presentation detailing its financial results for the quarter ended June 30, 2026, to its website, www.prestigeconstructions.com, as per SEBI’s Listing Obligations and Disclosure Requirements.

Prestige Group, in partnership with a local developer, is expanding its presence in the Mumbai Metropolitan Region with a new residential project in Thane, Maharashtra, valued at Rs 6,000 crore and spanning approximately 14.6 acres, offering over 5 million square feet of developable potential. The project, located near Kolshet –Balkum Road, will include residences and retail spaces and is expected to be developed in phases, subject to regulatory approvals, according to a press release from Prestige Estates Projects Limited.

Net profit of Prestige Estates Projects declined 19.35% to Rs 235.90 crore in the quarter ended June 2026 as against Rs 292.50 crore during the previous quarter ended June 2025. Sales rose 15.94% to Rs 2675.10 crore in the quarter ended June 2026 as against Rs 2307.30 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2675.102307.30 16 OPM %31.7538.02 - PBDT591.40654.80 -10 PBT365.70438.60 -17 NP235.90292.50 -19 Powered by Capital Market - Live

Prestige Estates Projects Limited confirmed that the utilization of proceeds from its Qualified Institutional Placement (QIP) is in line with the objects of the issue, according to a monitoring agency report released by ICRA Limited on July 14, 2026. The report, covering the quarter ended June 30, 2026, stated that issue proceeds of Rs 5,000 crore have been fully utilized, with a revised net proceeds of Rs 4,899.17 crore due to increased issue-related expenses of Rs 1.43 crore.