Prestige Estates Posts Record Revenue And Profit In FY26
ECONOMY & POLICY

Prestige Estates Posts Record Revenue And Profit In FY26

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. EBITDA margin was 31.97 per cent and PAT margin was 9.94 per cent, underlining improved profitability and operating efficiency. These results were presented as evidence of healthy cash flow generation across the portfolio. For the fourth quarter, revenue was Rs 41,435 mn, a rise of 161 per cent year on year, and EBITDA was Rs 11,152 mn, up 85 per cent. Profit after tax for the quarter was Rs 2,972 mn, increasing 596 per cent year on year, with EBITDA margin at 26.91 per cent and PAT margin at 7.17 per cent. The company linked the quarter's performance to strong demand and project delivery momentum. The chairman and managing director characterised FY26 as a landmark year and noted the record sales and collections alongside the growth in revenue and profitability. He 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. Management stated that disciplined execution and a diversified development portfolio will remain central to creating long-term value for stakeholders.

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. EBITDA margin was 31.97 per cent and PAT margin was 9.94 per cent, underlining improved profitability and operating efficiency. These results were presented as evidence of healthy cash flow generation across the portfolio. For the fourth quarter, revenue was Rs 41,435 mn, a rise of 161 per cent year on year, and EBITDA was Rs 11,152 mn, up 85 per cent. Profit after tax for the quarter was Rs 2,972 mn, increasing 596 per cent year on year, with EBITDA margin at 26.91 per cent and PAT margin at 7.17 per cent. The company linked the quarter's performance to strong demand and project delivery momentum. The chairman and managing director characterised FY26 as a landmark year and noted the record sales and collections alongside the growth in revenue and profitability. He 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. Management stated that disciplined execution and a diversified development portfolio will remain central to creating long-term value for stakeholders.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement