Prestige Estates Projects Ltd

Net profit of Prestige Estates Projects rose 1157.63% to Rs 222.60 crore in the quarter ended December 2025 as against Rs 17.70 crore during the previous quarter ended December 2024. Sales rose 134.06% to Rs 3872.60 crore in the quarter ended December 2025 as against Rs 1654.50 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3872.601654.50 134 OPM %22.2135.24 - PBDT511.80281.40 82 PBT278.3076.70 263 NP222.6017.70 1158 Powered by Capital Market - Live

Prestige Estates Projects will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

Sales volume during the quarter stood at 2.99 million square feet, with the sale of 1,811 units. Collections for the quarter came in at Rs 4,547.5 crore, up 40% year-on-year, reflecting healthy demand and execution momentum. The geographical sales mix remained well diversified, with Mumbai contributing 36%, Bengaluru 25%, Hyderabad 16%, NCR 16%, Chennai 5% and Kochi 2% of total sales, during the quarter. Average realization during the quarter stood at Rs 14,459 per square feet (sq. ft.), reflecting a 6% year-on-year growth. The company said that it expects the exit rentals from the office portfolio for FY26 to be Rs 828.6 crore. Upon completion of its ongoing construction pipeline, office annuity income is projected to scale up to around Rs 4,000 crore by FY30, significantly strengthening Prestige's long-term recurring income profile. Under retail portfolio, total mall footfalls during Q3 FY26 stood at 5.2 million. Gross Turnover (GTO) across malls was Rs 701.5 crore, reflecting a 14% year-on-year growth, indicating sustained strength in retail consumption and tenant performance. Exit rentals from the retail portfolio are expected to be Rs 275.4 crore in FY26. With 13 malls in the development pipeline, exit rentals are projected to grow to around Rs 1,092.0 crore by FY30, significantly scaling Prestige's retail annuity platform. Irfan Razack, chairman & managing director, Prestige Estates Projects, said: 'The record-breaking performance delivered in the first nine months of FY26 is a strong validation of the demand environment for our portfolio and the strength of our execution platform. Achieving our highest-ever sales and collections ' surpassing even previous full-year peaks within just nine months, reflects the trust customers continue to place in the Prestige brand and the consistency of our market positioning. We have built a well-diversified portfolio across geographies and across asset classes, with a healthy mix of residential development complemented by stable and growing annuity income from our oƯice and retail assets. This diversification provides resilience to market cycles and helps insulate the business from short-term fluctuations in any single market or segment.' Meanwhile, the company announced the launch of Evergreen at Prestige Raintree Park, its latest premium residential development located in Whitefield, Bengaluru. The development is planned on approximately 24 acres of land and comprises around 2,000 apartments, with a total saleable area of 3.2 million square feet. Apartments prices start at around Rs 92 lakh onwards, with an estimated gross development value (GDV) of about Rs 5,000 crore. Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at September 2025, the Group has delivered 310 projects spanning 202 million sq.ft and currently has a pipeline of 130 projects across 199 million sq.ft. The company's consolidated net profit surged 123.88% to Rs 430.3 crore on 5.52% increase in revenue from operations to Rs 2431.7 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Prestige Estates Projects announced that 'Stellar Builder Dynamics LLP' and 'Stellar Envision LLP' have been incorporated as Wholly Owned Subsidiaries of the Company on 08 January 2026.Powered by Capital Market - Live

 Prestige Group, through Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations & Housing, has signed an agreement to sell for the purchase of a land parcel measuring 16.381 acres located at Padi, Chennai. The land parcel is strategically located in close proximity to Anna Nagar, one of Chennai's most established and prime residential micro-markets, known for its strong social infrastructure, connectivity, and mature residential character. This acquisition is aligned with Prestige Group's strategy of strengthening its presence in high-quality urban locations, while maintaining a disciplined approach to capital allocation. Prestige Group continues to evaluate well-located land acquisition opportunities across key markets to support its future residential and mixed-use development pipeline. Powered by Capital Market - Live

The land parcel is strategically located near Anna Nagar, one of Chennai's most established and prime residential micro-markets, known for its strong social infrastructure, excellent connectivity, and mature residential character. The acquisition aligns with Prestige Group's strategy to strengthen its presence in high-quality urban locations while maintaining a disciplined approach to capital allocation. Prestige Group said it continues to evaluate well-located land acquisition opportunities across key markets to support its future residential and mixed-use development pipeline. Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at June 2025, the Group has delivered 310 projects spanning 202 million square feet and currently has a pipeline of 130 projects across 199 million square feet. The scrip declined 1.91% to currently trade at Rs 1,587.65 on the BSE. Powered by Capital Market - Live

The site is proposed to be developed into a large-format project in line with Prestige Group's focus on scale and planning efficiency. Medavakkam is a rapidly developing residential micro-market in Chennai, benefiting from proximity to the OMR IT corridor, improving road infrastructure, and upcoming metro connectivity. The area offers a balanced mix of accessibility, affordability, and growing social infrastructure, supporting sustained residential demand. Irfan Razack, chairman and managing director, Prestige Group, said: 'This land acquisition in Medavakkam aligns with our long-term view on Chennai as an important market for the Group. The location is well suited to address the city's sustained mid-segment housing demand, supported by improving infrastructure and proximity to key employment hubs. This addition strengthens our development pipeline, positioning us well for the next phase of growth in Chennai.' Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at June 2025, the Group has delivered 310 projects spanning 202 million square feet and currently has a pipeline of 130 projects across 199 million square feet. The scrip rose 0.79% to currently trade at Rs 1616 on the BSE. Powered by Capital Market - Live

The domestic equity indices traded with minor losses in the early trade, weighed down by profit booking after two consecutive sessions of buying interest. Investors are keeping a close watch on rupee movement, FII activity, IPO activity and other global developments. The Nifty traded tad below the 26,150 mark. IT, realty and FMCG shares declined while metal, PSU bank and oil & gas stocks advanced. At 09:25 IST, the barometer index, the S&P BSE Sensex declined 125.79 points or 0.15% to 85,441.69. The Nifty 50 index fell 22.80 points or 0.09% to 26,149.60. In the broader market, the S&P BSE Mid-Cap index shed 0.24% and the S&P BSE Small-Cap index dropped 0.04%. The market breadth was positive. On the BSE, 1,726 shares rose and 1,162 shares fell. A total of 189 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 457.34 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 4,058.22 crore in the Indian equity market on 22 December 2025, provisional data showed. Numbers to Track: . The yield on India's 10-year benchmark federal paper rose 0.33% to 6.691 compared with previous session close of 6.669. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 89.6300 compared with its close of 89.6850 during the previous trading session. MCX Gold futures for 5 February 2026 settlement advanced 1.06% to Rs 138,195. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.18% to 98.09. The United States 10-year bond yield declined 0.36% to 4.154. In the commodities market, Brent crude for February 2025 settlement fell 4 cents or 0.06% to $62.03 a barrel. Stocks in Spotlight: Prestige Estates Projects shed 0.09%. The company has announced the acquisition of a 25-acre land parcel in Medavakkam, Chennai with a development potential of approximately 5 million square feet. The project is estimated to generate top-line revenue of over Rs 5,000 crore. GPT Infraprojects rallied 5.89% after the company said that its consortium with ISCPPL has been declared L1 (First Lowest) in order valued at Rs 670 crore for construction of four lane elevated road in Jodhpur city. Saatvik Green Energy rose 1.20% after the company's material subsidiary, Saatvik Solar Industries has received an order aggregating to Rs 486 crore from one renowned Independent Power producers/EPC Players for supply of solar PV modules. Global markets: Asia market advanced on Tuesday, after AI trade lifted major Wall Street indexes overnight. Nvidia shares rose more than 1% after media reports said that the company was looking to start shipments of its H200 chips to China by mid-February. In Southeast Asia, Singapore will release its November inflation reading, with media reports stating that the city-state's inflation rate is expected to have climbed to its highest in 2025. Overnight in the U.S., the S&P 500 gained 0.64%, posting its third positive day in a row. The Dow Jones Industrial Average advanced 0.47%, and the Nasdaq Composite climbed 0.52%.Powered by Capital Market - Live

Prestige Estates Projects Ltd lost 1.41% today to trade at Rs 1635.75. The BSE Realty index is down 0.66% to quote at 6836.24. The index is down 6.53 % over last one month. Among the other constituents of the index, Anant Raj Ltd decreased 1.07% and Brigade Enterprises Ltd lost 0.96% on the day. The BSE Realty index went down 19.09 % over last one year compared to the 3.36% surge in benchmark SENSEX. Prestige Estates Projects Ltd has lost 6.28% over last one month compared to 6.53% fall in BSE Realty index and 0.39% rise in the SENSEX. On the BSE, 545 shares were traded in the counter so far compared with average daily volumes of 12862 shares in the past one month. The stock hit a record high of Rs 1897.75 on 17 Dec 2024. The stock hit a 52-week low of Rs 1048.3 on 07 Apr 2025.Powered by Capital Market - Live

The key equity benchmarks traded near moderate gains in morning trade after the RBI trimmed the repo rate by 25 basis points to 5.25%. The Nifty traded above the 26,050 mark. Traders are tracking ongoing IPO activity, crude oil trends and global cues. Market participants are also looking ahead to the US Personal Consumption Expenditure data scheduled for release on Friday, which could influence Fed policy. Realty shares jumped for the two consecutive trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex, advanced 176.76 points or 0.21% to 85,442.08. The Nifty 50 index jumped 55.45 points or 0.21% to 26,089.20. In the broader market, the S&P BSE Mid-Cap index rose 0.06% and the S&P BSE Small-Cap index added 0.54%. The market breadth was negative. On the BSE, 1,558 shares rose and 2,014 shares fell. A total of 211 shares were unchanged. Economy: The Reserve Bank of India Governor Sanjay Malhotra, announcing the fifth bi-monthly policy review of FY26 said that RBI's MPC has unanimously decided to reduce the policy repo rate by 25 basis points to 5.25%, keeping its stance neutral. Buzzing Index: The Nifty Realty index jumped 1.18% to 900.60. The index rose 1.72% in the two consecutive trading sessions. Prestige Estates Projects (up 0.87%), Oberoi Realty (up 0.57%), DLF (up 0.56%), Brigade Enterprises (up 0.49%) advanced. Stocks in Spotlight; Kesoram Industries surged 19.85% after Frontier Warehousing announced an open offer to acquire 8.07 crore shares, representing a 26% stake, at Rs 5.48 per share. Lupin shed 0.05%. The company announced that it has received tentative approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Siponimod Tablets in 0.25 mg, 1 mg and 2 mg. ZEN Technologies advanced 1.68% after the company announced that it has secured orders worth Rs 120 crore from the Ministry of Defence (MoD), Government of India.Powered by Capital Market - Live