News ArticlePrestige Estates Projects Limited Reports Rs. 282 Million Standalone Net Profit for Q2 Ended September 30, 2026
Company announces unaudited standalone and consolidated financial results for quarter and half year ended September 30, 2026, with Board approval on November 5, 2026
Prestige Estates Projects Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, reporting a standalone net profit of Rs. 282 million for Q2 and Rs. 396 million for H1 FY2026-27, with total standalone income of Rs. 7,938 million for Q2 and Rs. 16,064 million for H1, approved by the Board of Directors on November 5, 2026.
Prestige Estates Projects Limited
Financial Results
Prestige Estates Projects Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The company posted a standalone net profit of Rs. 282 million for the quarter and Rs. 396 million for the first half of 2026, with total income reaching Rs. 7,938 million and Rs.16,064 million respectively, as approved in the Board meeting held on November 5, 2026.
The standalone revenue from operations for the quarter was Rs. 6,645 million, compared to Rs. 7,490 million in the previous quarter and Rs. 7,982 million in the same quarter last year.
Expenses for the quarter included a land cost of Rs. 4,966 million and finance costs of Rs. 2,268 million. The company reported profit before tax of Rs. 532 million for the quarter.
Earnings per share for the quarter stood at Rs. 0.66 (basic and diluted), based on a paid-up equity share capital of Rs. 4,307 million.
The unaudited consolidated results also include the Company's share of profit after tax from 32 partnership entities.
S.R. Batliboi & Associates LLP conducted a limited review of the financial results and highlighted ongoing legal proceedings related to real estate projects and income tax search matters, without modifying their conclusion.
Highlights
- Standalone net profit of Rs. 282 million for Q2 ended September 30, 2026.
- Total standalone income of Rs. 7,938 million for Q2 and Rs. 16,064 million for H1 2026.
- Profit before tax for Q2 was Rs. 532 million.
- Earnings per share at Rs. 0.66 for the quarter (face value Rs. 10 per share).
- Board approved results on November 5, 2026.
- Limited review by independent auditors with an emphasis on legal proceedings.
Key Data Snapshot
What happened
- Prestige Estates Projects Limited's Board approved unaudited standalone and consolidated financial results for Q2 and H1 ended September 30, 2026 on November 5, 2026.
- The standalone net profit reported was Rs. 282 million for the quarter and Rs. 396 million for the half year.
- Total standalone income was Rs. 7,938 million for Q2 and Rs. 16,064 million for H1 2026.
Key details
- Revenue from operations for Q2 stood at Rs. 6,645 million, down from Rs. 7,490 million in the previous quarter.
- Major expenses include land cost of Rs. 4,966 million and finance costs of Rs. 2,268 million for Q2.
- Profit before tax for Q2 was Rs. 532 million.
- Earnings per share for Q2 was Rs. 0.66 (face value Rs. 10 per share).
Regulatory and governance context
- Independent auditor's limited review was conducted by S.R. Batliboi & Associates LLP in accordance with SEBI Listing Regulations.
- Auditor's review highlighted ongoing legal proceedings regarding real estate projects and income tax search matters without affecting their conclusion on the financial results.
- The consolidated results include the share of profit from 32 partnership entities reviewed by their respective auditors.
Highlights
- Standalone net profit of Rs. 282 million for Q2 ended September 30, 2026.
- Total standalone income of Rs. 7,938 million for Q2 and Rs. 16,064 million for H1 2026.
- Profit before tax for Q2 was Rs. 532 million.
- Earnings per share at Rs. 0.66 for the quarter (face value Rs. 10 per share).
- Board approved results on November 5, 2026.
- Limited review by independent auditors with an emphasis on legal proceedings.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Indian Accounting Standard 34 (Ind AS 34)
- Companies Act, 2013
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