Prestige Estates Projects' Q3 FY 2025-26 Quarterly Results
- 30 Jan 2026
Result Summary
- Prestige Estates Projects Ltd reported a 44.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 128.8%.
- Its expenses for the quarter were up by 70.8% QoQ and 124.9% YoY.
- The net profit decreased 46.5% QoQ and increased 659.9% YoY.
- The earnings per share (EPS) of Prestige Estates Projects Ltd stood at 5.17 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 3885.50 | 2697.80 | 1697.90 | 44.0% | 128.8% |
Total Expenses | 3629.90 | 2125.60 | 1614.20 | 70.8% | 124.9% |
Profit Before Tax | 255.60 | 572.20 | 83.70 | -55.3% | 205.4% |
Tax | 33.60 | 126.60 | 44.50 | -73.5% | -24.5% |
Profit After Tax | 244.70 | 457.40 | 32.20 | -46.5% | 659.9% |
Earnings Per Share | 5.17 | 9.99 | 0.41 | -48.2% | 1161.0% |
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 real estate development company headquartered in India, primarily engaged in the development of commercial and residential properties. It operates within the robust Indian real estate sector, which is characterized by rapid urbanization and increasing demand for residential and commercial spaces. The company is known for its wide portfolio, which includes residential, commercial, retail, and hospitality projects. It has a strong presence in southern India, particularly in cities like Bangalore, Chennai, and Hyderabad. Recent strategic expansions and project launches have bolstered its market positioning, although specific recent developments are not available in the provided data.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Prestige Estates Projects Ltd reported a total income of ₹3885.50 crores. This represents a significant increase of 44.0% from ₹2697.80 crores in the previous quarter (Q2FY26) and an even more substantial rise of 128.8% compared to ₹1697.90 crores in the same quarter of the previous year (Q3FY25). The company's revenue growth is indicative of an upward trend over both the quarter-on-quarter (QoQ) and year-on-year (YoY) periods, reflecting a strong performance in its core real estate business operations.
Profitability
The company's profitability metrics for Q3FY26 show a mixed performance. Profit Before Tax (PBT) for the quarter was ₹255.60 crores, which is a decrease of 55.3% from the previous quarter's ₹572.20 crores. However, compared to the same quarter of the previous year, PBT increased by 205.4% from ₹83.70 crores. Profit After Tax (PAT) also witnessed a decline, amounting to ₹244.70 crores in Q3FY26, down 46.5% from ₹457.40 crores in Q2FY26, but showed a significant YoY increase of 659.9% from ₹32.20 crores in Q3FY25. The tax expense for Q3FY26 was ₹33.60 crores, which decreased by 73.5% from the previous quarter and by 24.5% compared to the same quarter last year. Earnings per share (EPS) for the current quarter stood at ₹5.17, down from ₹9.99 in the previous quarter, but up considerably from ₹0.41 in the same quarter of the previous year, reflecting a YoY increase of 1161.0%.
Operating Metrics
The financial performance of Prestige Estates Projects Ltd in Q3FY26 is characterized by a notable increase in total expenses, which rose to ₹3629.90 crores. This marks a 70.8% increase from Q2FY26's expenses of ₹2125.60 crores and a 124.9% rise from ₹1614.20 crores in Q3FY25. This escalation in expenses aligns with the revenue growth, indicating a period of heightened operational activity. The substantial YoY growth in both income and expenses suggests an expansion phase, although the QoQ decline in profitability metrics like PBT and PAT highlights potential challenges in managing operational efficiencies. The company’s cost management strategies and their impact on profitability are critical components of its operational performance in this quarter.