The Bengaluru-based real estate developer’s net profit for the year more than doubled to Rs 1,311.9 crore, up 112.8% from the previous year. It reported revenue of Rs 13,195.5 crore, marking a 71% year-on-year increase. Operating profit rose 43% to Rs 4,219.2 crore.
The company’s operating margin for the year stood at 31.97%, while PAT margin stood at 9.94%.
The company posted its highest-ever annual sales bookings of Rs 30,024.5 crore and collections of Rs 18,514.6 crore during the year, reflecting sustained buyer demand and healthy cash-flow generation across its residential portfolio.
“FY26 has been a landmark year for Prestige, marked by our highest-ever sales and collections alongside strong growth in revenue and profitability…We continue to see encouraging demand across our residential business while simultaneously expanding our footprint across commercial, retail, hospitality, and mixed-use developments,” said Irfan Razack, CMD, Prestige Estates Projects. “Our operational performance during the year gives us confidence as we move into the next phase of growth with a robust launch pipeline across key geographies.”
In the March quarter, the company reported sharp growth across all key parameters on the back of project completions and strong recognition of revenue from ongoing developments. Net profit for the fourth quarter surged nearly six-fold to Rs 297.2 crore and revenue rose 161% year-on-year to Rs 4,143.5 crore. Operating profit increased 85% to Rs 1,115.2 crore.
Quarterly operating margin stood at 26.91%, while PAT margin was reported at 7.17%.Prestige Estates has been expanding aggressively across major cities including Bengaluru, Mumbai, Hyderabad, Chennai and NCR, with a pipeline of residential, commercial, retail and hospitality projects. The company has especially been scaling up its presence in Mumbai through redevelopment and premium housing projects amid rising demand for branded residential developments.