Prestige Estates Reports Highest-Ever H1 Sales of ₹18,143.7 Crore in H1 FY26
Prestige Estates announced record H1 FY26 sales of ₹18,143.7 crore, up 157% YoY, exceeding full-year FY25 sales. Q2 sales reached ₹6,017.3 crore, a 50% YoY growth.
The record sales figures and substantial year-on-year growth suggest a significant positive impact on the company's financials and market position.
The announcement highlights record sales and strong collections, indicating positive financial performance and growth for the company.
* Prestige Estates Projects Limited announced record-breaking sales of ₹18,143.7 crore (₹1,81,437 million) in H1 FY26, up 157% year-on-year, exceeding its full-year FY25 sales. * Q2 FY26 sales reached ₹6,017.3 crore (₹60,173 million), a 50% year-on-year growth, with sales volume at 4.42 million square feet. * Average realization for apartments rose 8% year-on-year to ₹14,906 per square foot, while plots saw a 43% increase to ₹9,510 per square foot. * H1 FY26 sales volumes totaled 13.96 million square feet. * Collections remained strong at ₹4,212.8 crore (₹42,128 million) during Q2, up 54% year-on-year, and ₹8,735.6 crore (₹87,356 million) for H1, a 55% increase. * The company launched 3.87 million square feet of developable area in Q2 FY26 with a gross development value (GDV) of ₹3,966.9 crore (₹39,669 million), bringing H1 FY26 launches to 18.81 million square feet with a GDV of ₹17,592.2 crore (₹1,75,922 million). * Total completions for H1 FY26 stood at 7.99 million sq ft. * Gross leasing during Q2 FY26 stood at 2.3 million square feet with portfolio occupancy at 93.42%. * Gross turnover for Q2 FY26 in the retail segment was ₹623.6 crore (₹6,236 million), up 9% year-on-year, with portfolio occupancy at 99%. * Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, said the company is delighted to report an outstanding first half, marked by record sales and strong collections, with contributions from multiple geographies.
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Prestige Estates Projects Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Prestige Estates Projects Limited. Read the original for the full detail.