Prestige Estates Projects Ltd
Financial Results for the quarter ended June 30, 2026
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 29 Jul 2026, 07:52 PM IST · BSE ID: 07d5aa4d-0234-4599-a72b-26789878ab01
View Original BSE Filing (PDF)
💡
In Simple Terms
Prestige Estates' Q1 FY27 standalone net profit decreased to Rs. 114 Million, despite higher revenue compared to last year.
🤖 AI Summary
- Prestige Estates Projects Ltd reported standalone net profit of Rs. 114 Million for the quarter ended June 30, 2026.
- Revenue from operations stood at Rs. 7,490 Million for Q1 FY27, an increase from Rs. 4,560 Million in Q1 FY26.
- Total expenses for the quarter ended June 30, 2026, were Rs. 8,023 Million, compared to Rs. 5,160 Million in Q1 FY26.
- Basic Earnings Per Share (EPS) for Q1 FY27 was Rs. 0.26, a decrease from Rs. 0.30 in Q1 FY26.
- The Board approved the unaudited standalone and consolidated financial results on July 29, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from operations (Q1 FY27)
7,490 Million
Revenue from operations (Q1 FY26)
4,560 Million
64.25
Net profit for the period (Q1 FY27)
114 Million
Net profit for the period (Q1 FY26)
131 Million
-13.0
Total expenses (Q1 FY27)
8,023 Million
Total expenses (Q1 FY26)
5,160 Million
55.48
Basic Earnings Per Share (Q1 FY27)
0.26 Rs.
Basic Earnings Per Share (Q1 FY26)
0.30 Rs.
-13.33
🏢 How This Affects the Company
The company's revenue from operations increased to Rs. 7,490 Million, indicating continued project execution and sales activity in the real estate development segment.
Net profit for the quarter declined by 13.0% year-on-year to Rs. 114 Million, primarily driven by higher total expenses, including increased finance costs and land costs.
No specific operational changes are detailed in the results filing, but increased contractor costs and land costs reflect ongoing project development.
Ongoing legal proceedings related to a Joint Development Agreement (JDA) with pending claims of Rs. 923 Million (including TDRs) from a land owner company ordered to be wound up, introduce an unresolved financial recovery risk. Additionally, income tax search matters, though currently without demand, represent a contingent regulatory risk.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this financial results filing.
👤
Who Is Affected
Shareholders are affected by the 13.0% decrease in standalone net profit to Rs. 114 Million and the decline in Basic EPS to Rs. 0.26 for Q1 FY27.
🔍
Management Signal
The management's report indicates continued focus on revenue generation, while also acknowledging and disclosing ongoing legal and tax proceedings.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check for profitability trends and expense management.
Updates on the legal proceedings regarding the Joint Development Agreement.
Further developments or demands regarding the income tax search matters.
MEDIUM RISK
Ongoing legal issues and tax search proceedings create financial uncertainty and contingent liabilities.
💡 Investor Takeaway
Prestige Estates Projects Ltd's standalone net profit for Q1 FY27 decreased to Rs. 114 Million from Rs. 131 Million YoY, a 13.0% decline. Revenue from operations grew to Rs. 7,490 Million from Rs. 4,560 Million. Basic EPS was Rs. 0.26.
⚖️ Strengths & Concerns
✅ Positives
- Revenue from operations increased by 64.25% to Rs. 7,490 Million for Q1 FY27, compared to Rs. 4,560 Million in Q1 FY26.
- Profit before tax for Q1 FY27 increased to Rs. 103 Million from Rs. 77 Million in Q1 FY26, indicating improved operational profitability before tax effects.
⚠️ Concerns
- Net profit for Q1 FY27 decreased by 13.0% to Rs. 114 Million, compared to Rs. 131 Million in Q1 FY26.
- Basic Earnings Per Share declined to Rs. 0.26 in Q1 FY27 from Rs. 0.30 in Q1 FY26, despite revenue growth.
📅 Company Track Record
In FY26, Prestige Estates achieved record ₹3,00,245 million in sales, representing 76% growth, with collections of ₹1,85,146 million, a 53% growth. The Q1 FY27 net profit of Rs. 114 Million marks a decline from the prior year's Q1 net profit of Rs. 131 Million.
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 the revenue from operations for Prestige Estates Projects Ltd in Q1 FY27?
The revenue from operations for Prestige Estates Projects Ltd for the quarter ended June 30, 2026, was Rs. 7,490 Million.
How did Prestige Estates Projects Ltd's Basic EPS change in Q1 FY27 compared to Q1 FY26?
Basic Earnings Per Share for Prestige Estates Projects Ltd decreased to Rs. 0.26 in Q1 FY27 from Rs. 0.30 in Q1 FY26.
What were the total expenses for Prestige Estates Projects Ltd in Q1 FY27?
Prestige Estates Projects Ltd incurred total expenses of Rs. 8,023 Million for the quarter ended June 30, 2026.
Questions based on this BSE filing only. For information purposes.