Prestige Estates Reports Strong Q2 FY26 Performance with 95% Surge in Net Profit

Prestige Estates Projects Ltd has delivered an impressive financial and operational performance for the second quarter of FY26, recording a 95 percent year-on-year jump in net profit. According to the company’s official investor presentation, net profit for Q2 rose to ₹457.8 crore, reflecting stronger margins, disciplined cost management, and a healthy uptick in revenue across key verticals.

The company reported an 11 percent increase in revenue for the quarter, touching ₹2,697.8 crore. EBITDA performance was particularly strong, rising more than 56 percent year-on-year to ₹1,175.9 crore, driven by improved realisations and sustained demand across major markets. With EBITDA margins expanding to 43.6 percent, Prestige Estates demonstrated both operational efficiency and the ability to navigate evolving market conditions successfully.

The first half of FY26 marked a major milestone for the company, emerging as its best-ever half-year sales performance. Prestige achieved sales worth ₹1.81 lakh crore and collections of ₹87,356 crore, surpassing its full-year FY25 sales within just six months. This achievement highlights the strong consumer confidence that the brand continues to command across residential, commercial, retail, and mixed-use developments.

Chairman and Managing Director Irfan Razack noted that the strong sales momentum and cash flow levels are a reflection of the long-standing trust homebuyers and investors place in the Prestige brand. He emphasised the company’s continued focus on timely delivery, prudent capital allocation, and strategic expansion into key growth markets across the country. With a strong launch pipeline in place, Prestige Estates expects the growth trajectory to remain steady through the remainder of the year.

The company’s diversified portfolio, spread across residential, office, retail, hospitality, and large-format integrated townships, continues to support long-term stability. Office assets in Mumbai and Bengaluru saw healthy pre-leasing traction during the quarter, while hospitality and retail segments also recorded improved performance as market demand strengthened.

As the real estate sector continues to gain momentum across major cities, Prestige Estates appears well positioned to maintain its leadership with robust financial fundamentals, consistent project execution, and an expanding national footprint. With consumer sentiment improving and new project launches planned for upcoming quarters, the company’s outlook remains positive heading into the second half of FY26.