Prestige Estates Reports Strong Q2 and H1FY26 Growth

In the second quarter of FY26, the company reported revenue of Rs 26.98 billion, an increase of 11.3 per cent year-on-year. EBITDA rose sharply to Rs 11.76 billion, up 56.64 per cent, delivering an EBITDA margin of 43.59 per cent. Profit after tax grew by 95.14 per cent to Rs 4.58 billion, with a PAT margin of 16.97 per cent.

For H1 FY26, Prestige recorded revenue of Rs 51.67 billion, reflecting a 16.15 per cent rise from the previous year. EBITDA increased to Rs 22.31 billion, up 30.52 per cent year-on-year, translating into an EBITDA margin of 43.18 per cent. Profit after tax climbed 42.13 per cent to Rs 7.70 billion, resulting in a PAT margin of 14.90 per cent.

Operationally, the company recorded its best-ever half-yearly sales and collections at Rs 181.44 billion and Rs 87.36 billion respectively. Notably, Prestige surpassed its entire FY25 annual sales within the first six months of FY26, reflecting strong demand across asset classes and geographies.

The company’s growth continues to be supported by a diversified portfolio across major markets including Bengaluru, Mumbai, Hyderabad, NCR, Chennai, Goa, Calicut and Kochi, underpinned by timely project execution and sustained customer confidence.

Chairman and Managing Director Irfan Razack said the company was pleased with its steady financial and operational performance. He highlighted strong sales momentum and robust cash flows in the first half, noting that Prestige remains focused on timely delivery, prudent capital allocation and expansion across high-growth markets. With a healthy pipeline of launches expected, the company is well positioned to maintain its growth trajectory through the remainder of the year.