Prestige Estates Projects Ltd
Prestige Estates Projects Ltd Q1 FY27 Standalone Net Profit at Rs. 114 Million
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 07:43 PM IST · BSE ID: 7df70eb7-41ed-47a2-94cf-d22046d86254
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board has approved its first-quarter financial results for the current fiscal year.
🤖 AI Summary
- Prestige Estates board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Standalone net profit for the quarter ended June 30, 2026, was Rs. 114 Million.
- Standalone revenue from operations for Q1 FY27 stood at Rs. 7,490 Million.
- The financial results include 31 partnership entities in the standalone statement, reviewed by auditors.
- Company acquired 50% partnership interest in Aaramnagar Realty LLP during the June 2026 quarter.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from operations (Q1 FY27)
7,490 Million
Standalone Revenue from operations (Q1 FY26)
4,560 Million
Standalone Net profit for the period (Q1 FY27)
114 Million
Standalone Net profit for the period (Q1 FY26)
131 Million
Basic Earnings Per Share (Q1 FY27)
0.26 Rs.
Gross receivables from Land Owner Company
923 Million
🏢 How This Affects the Company
The company reported a standalone revenue from operations of Rs. 7,490 Million for Q1 FY27. The acquisition of 50% partnership interest in Aaramnagar Realty LLP expands the company's real estate development portfolio.
Standalone net profit for Q1 FY27 was Rs. 114 Million. Total standalone income reached Rs. 8,126 Million for the quarter.
The acquisition of a 50% partnership interest in Aaramnagar Realty LLP indicates an expansion of development activities through joint ventures.
Ongoing legal proceedings related to a real estate project with a gross receivable of Rs. 923 Million and an income tax search from FY25 are highlighted as emphasis of matter by auditors, though management expects no further adjustments or liability.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing.
👤
Who Is Affected
All shareholders are affected by the disclosed financial performance and the auditor's emphasis on ongoing legal and tax matters, which could have future implications.
🔍
Management Signal
Management indicates confidence in recovering Rs. 923 Million from the JDA legal dispute and expects no further liability from the FY25 income tax search.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Monitor resolution of legal proceedings related to the real estate project and Rs. 923 Million receivables.
Observe future disclosures regarding the outcome of the FY25 income tax search proceedings.
Track progress and financial contribution from the recently acquired 50% stake in Aaramnagar Realty LLP.
MEDIUM RISK
Ongoing legal disputes and income tax search proceedings introduce uncertainty, despite management's current assessment.
💡 Investor Takeaway
Prestige Estates Projects Ltd reported standalone net profit of Rs. 114 Million for the quarter ended June 30, 2026, down from Rs. 131 Million in Q1 FY26. Revenue from operations increased to Rs. 7,490 Million from Rs. 4,560 Million year-over-year.
⚖️ Strengths & Concerns
✅ Positives
- Standalone total income for Q1 FY27 was Rs. 8,126 Million, showing growth compared to Rs. 5,237 Million in Q1 FY26.
- The Company acquired 50% partnership interest in Aaramnagar Realty LLP during Q1 FY27, indicating business expansion.
⚠️ Concerns
- Standalone net profit for Q1 FY27 was Rs. 114 Million, lower than Rs. 131 Million reported in Q1 FY26.
- Auditors emphasized ongoing legal proceedings regarding a real estate project with Rs. 923 Million gross receivables and income tax search matters.
📅 Company Track Record
In April 2026, Prestige Estates reported record ₹300,245 Million sales for FY26, a 76% growth, with collections of ₹185,146 Million (53% growth). This current Q1 FY27 filing shows a decline in standalone net profit compared to Q1 FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Prestige Estates Projects Ltd's standalone net profit for Q1 FY27?
Prestige Estates Projects Ltd reported a standalone net profit of Rs. 114 Million for the quarter ended June 30, 2026.
What was Prestige Estates Projects Ltd's standalone revenue from operations in Q1 FY27?
The company's standalone revenue from operations for the quarter ended June 30, 2026, was Rs. 7,490 Million.
What is the status of the legal proceedings mentioned in Prestige Estates Projects Ltd's Q1 FY27 results?
The company has ongoing legal proceedings related to a Joint Development Agreement with a Land Owner Company, involving gross receivables of Rs. 923 Million. The Land Owner Company was ordered to be wound up in FY17, with adjudication pending.
Did Prestige Estates Projects Ltd complete any acquisitions in Q1 FY27?
Yes, during the quarter ended June 30, 2026, Prestige Estates Projects Ltd acquired a 50% partnership interest in Aaramnagar Realty LLP.
Questions based on this BSE filing only. For information purposes.