Prestige Estates profit surges to ₹2,918 cr in Q4 as revenue more than doubles
A massive quarterly jump drives full-year net profit to ₹13,054 crore. The board also approved a ₹2,000 crore NCD issue.
— 6 earlier stories on Prestige Estates Projects Ltd. →What's new
- Q4 net profit jumped to ₹2,918 crore from ₹431 crore a year earlier, a nearly 6x increase.
- Full-year net profit rose to ₹13,054 crore from ₹6,169 crore, with revenue surging 73% to ₹1,26,854 crore.
- The board approved raising up to ₹2,000 crore via non-convertible debentures and recommended a final dividend of ₹2 per share.
Why this matters
Prestige delivered a profit quarter that dwarfs its previous performance, confirming a sharp operational and financial acceleration. The ₹2,000 crore NCD approval points to continued aggressive capital mobilization to fund its large project pipeline, making the balance sheet a key variable for growth.
What we're watching
- Execution pace on new launches to convert the massive revenue into sustained profit.
- Utilization and cost of the new ₹2,000 crore debt.
- Whether the dividend payout ratio stabilizes at this new, higher profit base.
The full read
Prestige Estates reported a quarter of extreme growth. Consolidated net profit for the March period was ₹2,918 crore, up from ₹431 crore a year earlier, as revenue more than doubled to ₹40,738 crore. This surge powered the full year, where net profit more than doubled to ₹13,054 crore on a 73% revenue jump to ₹1,26,854 crore. The numbers confirm a sharp financial acceleration. Alongside the results, the board approved a new ₹2,000 crore debt raise via non-convertible debentures, signaling continued aggressive capital mobilization to fund expansion. It also recommended a final dividend of ₹2 per share. The core story is the operational delivery behind the profit explosion; the NCD approval is the follow-through, ensuring the balance sheet supports the growth ambition.
Questions answered
- How did Prestige's quarterly profit grow so dramatically?
- Consolidated net profit for the March quarter was ₹2,918 crore, up from ₹431 crore a year ago. This was driven by revenue more than doubling to ₹40,738 crore in the same period.
- What was the full-year financial outcome?
- For the full year ended March, net profit stood at ₹13,054 crore, more than double the ₹6,169 crore of the prior year. This was supported by a 73% jump in annual revenue to ₹1,26,854 crore.
- What is the company planning to do with the ₹2,000 crore it plans to raise?
- The board has approved raising up to ₹2,000 crore through non-convertible debentures. The filing states this is to fund its expansion pipeline, though specific deployment details were not provided.
- What else did the board decide?
- The board recommended a final dividend of ₹2 per share and redesignated Uzma Irfan as a whole-time director for a five-year term.
Prestige Estates Projects Ltd.
Latest quarter · Mar 2026
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All notes on PRESTIGE →- 21 May 2026 · 9:50 PM IST Prestige Estates profit surges to ₹2,918 cr in Q4 as revenue more than doubles
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- 47d ago Prestige joins Bengaluru Airport City push with hotels, convention centre