Mutual Funds Sahi Hai!
To avail the service, you will be redirected to loans.geojitcredits.com
Prestige Group, in partnership with Bengaluru Airport City (BACL), today announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.
Designed as a world-class business, hospitality and cultural hub, the development brings together an iconic convention and exhibition centre, luxury hotels under the globally renowned St. Regis brand and Marriott Marquis brand, premium office space, and curated food and beverage experiences within a seamlessly connected urban environment.
Located within Bengaluru Airport City, the project is poised to serve a diverse mix of global travellers, event organisers, corporations, visitors, and residents. By combining world-class infrastructure with hospitality, commercial, and cultural offerings, it strengthens Bengaluru's appeal as a global gateway while advancing the vision of the Airport City as a dynamic centre for commerce, collaboration, and experiences.
For the full year,net profit rose 155.72% to Rs 1195.50 crore in the year ended March 2026 as against Rs 467.50 crore during the previous year ended March 2025. Sales rose 72.60% to Rs 12685.40 crore in the year ended March 2026 as against Rs 7349.40 crore during the previous year ended March 2025.
On a sequential basis, net profit increased 12.35%, while revenue rose 5.19% compared with the previous quarter.
Profit before tax (PBT) stood at Rs 412.70 crore in Q4 FY26, registering a growth of 373.82% YoY and 48.29% quarter-on-quarter. EBITDA rose 85% YoY to Rs 1,115.2 crore during the quarter.
The company said it had earlier reported its highest-ever operational performance, with sales of Rs 3,00,245 million and collections of Rs 1,85,146 million for FY26, underscoring continued demand strength and healthy cash flow generation across its portfolio.
For the full financial year FY26, Prestige Estates reported a 155.72% increase in consolidated net profit to Rs 1,195.5 crore, while revenue from operations climbed 72.60% YoY to Rs 12,685.4 crore.
Irfan Razack, Chairman and Managing Director, said: “FY26 has been a landmark year for Prestige, marked by our highest-ever sales and collections alongside strong growth in revenue and profitability. These results reflect the strength of our brand, the trust of our customers, and our ability to execute consistently across markets and asset classes.
We continue to see encouraging demand across our residential business while simultaneously expanding our footprint across commercial, retail, hospitality, and mixed-use developments. 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.
Backed by strong fundamentals, disciplined execution, and a diversified development portfolio, we remain focused on creating long-term value for all stakeholders.”
Meanwhile, the board of Prestige Estates Projects has recommended a final dividend of 20% (Rs 2 per equity share of face value Rs 10 each) for the financial year ended 31 March 2026, subject to shareholders’ approval at the company’s upcoming 29th Annual General Meeting (AGM).
Prestige Group has a diversified real estate portfolio spanning residential, commercial, retail, hospitality, and integrated townships. As of December 2025, the group has delivered 313 projects covering 206 million square feet and has a pipeline of 128 projects spanning 195 million square feet.
The counter rose 0.65% to Rs 1,394 on the BSE.
The project, one of the largest single-phase developments in Hyderabad, witnessed over 4,000 customer footfalls, among the highest seen for a residential launch in the city.
Within two weeks of launch, the company achieved sales of over 1,700 units, translating to a total sales value exceeding Rs 2,500 crore.
Located in Tellapur, Prestige Golden Grove is a large-scale residential development spread across nearly 29 acres, comprising approximately 5,120 units across 10 towers, with a total estimated gross development value (GDV) of approximately Rs 9,500 crore.
Zayd Noaman, executive director, Prestige Group, said: 'We are pleased with the response to Prestige Golden Grove, which has been among our larger single-phase launches.
The strong footfalls and early sales traction reflect the depth of demand for well-located, well-planned residential communities at the right price points.”
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. Revenue from operations soared 134.06% YoY to Rs 3872.6 crore in Q3 FY26.
Prestige Estates Projects announced a strong response to its recently launched residential project, Prestige Golden Grove, in Hyderabad, underscoring sustained homebuyer demand in the market. The project, one of the largest single-phase developments in Hyderabad, witnessed over 4,000 customer footfalls, among the highest seen for a residential launch in the city, highlighting significant market interest.
Within two weeks of launch, the Company achieved sales of over 1,700 units, translating to a total sales value exceeding Rs 2,500 crore, reflecting robust early traction. The encouraging response reflects continued customer interest and confidence in well-located, thoughtfully designed residential developments.
Strategically located in Tellapur, Prestige Golden Grove is a large-scale residential development spread across ~29 acres, comprising approximately 5,120 units across 10 towers, with a total estimated gross development value (GDV) of ~Rs 9,500 crore. The project has been conceptualised to offer a blend of modern living, quality construction, and lifestyle amenities aligned with evolving customer preferences.
The proposed project is planned as a premium residential development, targeting rising demand in Mumbai’s western suburbs. Versova remains a key micro-market due to its strong social infrastructure, connectivity, and proximity to major commercial hubs.
The company said the move aligns with its strategy to expand in high-demand, supply-constrained urban markets. Mumbai continues to be a focus geography for Prestige as it looks to strengthen its presence in established residential clusters.
The company witnessed sustained traction across its key markets during the year, driven by steady demand for well-located, high-quality developments. Sales momentum remained consistent across both new launches and ongoing inventory, reflecting resilient end-user demand.
The realtor said that performance during the year was underpinned by healthy contributions from geographies including Bengaluru, NCR, Mumbai, Hyderabad, and Chennai. FY26 also marks the first time the company has crossed Rs 30,000 crore in annual pre-sales, reflecting the scale and depth of its operations across markets.
Irfan Razack, chairman and managing director, said: “We are happy to close FY26 on a strong note, with steady sales momentum through the year and a good finish in the fourth quarter. Demand across our key markets has remained encouraging, and our focus on quality, location, and timely execution continues to resonate well with customers. With a robust pipeline of upcoming launches across geographies, we are optimistic about sustaining this momentum in the coming year.”
Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at December 2025, the Group has delivered 313 projects spanning 206 mn sft and currently has a pipeline of 128 projects across 195 mn sft.
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. Revenue from operations soared 134.06% YoY to Rs 3872.6 crore in Q3 FY26.