Prestige Q3 FY26 Net Profit Surges 1,158% to ₹222.6 Crore

Record Q3 Results Reflect Accelerated Delivery Momentum

Prestige Estates Projects Ltd., one of India's leading real estate developers with a market capitalisation of ₹61,633 crores, reported a spectacular 134.06% year-on-year revenue surge in Q3 FY26. The company's consolidated net profit surged over twelve-fold to Rs 222.6 crore in Q3 FY26, from Rs 17.7 crore recorded in Q3 FY25.

The third quarter of FY26 witnessed Prestige Estates delivering its highest-ever quarterly revenue of ₹3,872.60 crores, a remarkable 59.25% sequential increase from Q2 FY26's ₹2,431.70 crores and 134.06% surge from the year-ago quarter's ₹1,654.50 crores.

Execution Gains Across Asset Classes

This exceptional top-line growth reflects accelerated project handovers and robust demand across the company's residential and commercial portfolio, particularly in its core Bengaluru market and expanding presence in other metropolitan regions. The company linked the quarter's performance to strong demand and project delivery momentum.

Full-Year FY26 Performance

Prestige Estates Projects Limited reported strong financial results for the year ended March 31, 2026, driven by robust project execution and sustained customer demand. The company said it achieved highest-ever operational performance with sales of Rs 300,245 million (mn) and collections of Rs 185,146 mn for FY26. Revenue for the year reached Rs 131,955 mn, reflecting a growth of 71 per cent year on year. EBITDA for FY26 stood at Rs 42,192 mn, up 43 per cent year on year, while profit after tax reached Rs 13,119 mn, representing an increase of 112.8 per cent.

Developer Footprint and Scale

Founded by Razack Sattar in 1986, Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. As of April 2026, 128 active projects are under development, covering around 195 million sq. ft. Prestige Group has completed 313+ projects to date, covering over 206 million sq. ft.

The Company is engaged in developing real estate projects across the residential, office, retail, leisure and hospitality segments. The Company has delivered approximately 300 real estate projects spanning 180 million square feet.

Leadership and Outlook

Irfan Razack is the Prestige Group CEO and also the Chairman & MD of Prestige Estates Projects Ltd. The Prestige Group owner family traces back to the late Razack Sattar, and the business is now led by his sons – Irfan Razack (Chairman & MD), Rezwan Razack (Joint MD), and Noaman Razack (Director).

Management indicated continued encouraging demand in the residential business and expansion across commercial, retail, hospitality and mixed-use developments, and outlined a robust launch pipeline across key geographies.