Prestige Estates Projects' Q1 FY 2025-26 Quarter Results

Result Summary

• Prestige Estates Projects Ltd reported a 10.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 21.9%.
• Its expenses for the quarter were up by 2.9% QoQ and 25.7% YoY.
• The net profit increased 32.0% QoQ and increased 1.5% YoY.
• The earnings per share (EPS) of Prestige Estates Projects Ltd stood at 6.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Prestige Estates Projects Ltd is a prominent player in the real estate industry, primarily focusing on the development of commercial, retail, and residential properties. The company is known for its large-scale real estate projects across various cities in India. As a key developer, Prestige Estates has established a significant presence in the real estate market with an extensive portfolio that encompasses a wide range of projects, including luxury apartments, commercial complexes, and retail spaces. Recent developments in the company may include new project launches and expansions into new geographical areas, contributing to its growth trajectory. However, specific recent developments are not provided in the current dataset.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Prestige Estates Projects Ltd reported a total income of ₹2,468.70 crores. This reflects a notable quarter-over-quarter (QoQ) increase of 10.6% from the previous quarter (Q4FY25), where the total income was ₹2,232.50 crores. On a year-over-year (YoY) basis, there was a significant growth of 21.9% compared to the same quarter in the previous fiscal year (Q1FY25), which recorded a total income of ₹2,024.50 crores. This upward trend in revenue indicates a robust performance in terms of income generation from the company's operations during the reported period.

Profitability

For Q1FY26, the profit before tax stood at ₹455.10 crores, showing a substantial QoQ increase of 65.4% compared to ₹275.20 crores in Q4FY25. On a YoY basis, the profit before tax rose by 7.8% from ₹422.10 crores in Q1FY25. The profit after tax for the same period was ₹311.50 crores, marking a 32.0% increase QoQ from ₹235.90 crores in the previous quarter. However, the YoY growth was modest at 1.5%, up from ₹307.00 crores in Q1FY25. The earnings per share (EPS) in Q1FY26 was ₹6.80, reflecting a significant QoQ rise of 94.3% and a YoY growth of 17.2% from ₹5.80 in Q1FY25. These figures highlight the company's profitability performance over the period.

Operating Metrics

The total expenses for Prestige Estates Projects Ltd in Q1FY26 were ₹2,013.60 crores, representing a 2.9% increase QoQ from ₹1,957.30 crores in Q4FY25 and a 25.7% increase YoY from ₹1,602.40 crores in Q1FY25. The tax expense for the quarter was ₹127.10 crores, which increased by 61.7% QoQ from ₹78.60 crores in Q4FY25 and by 24.2% YoY from ₹102.30 crores in Q1FY25. These operating metrics indicate the company's cost structures and tax liabilities during the reported period. The data suggests that both expenses and taxes have experienced notable increases over the period under review.