The latest financial results for Prestige Estates Projects Ltd reveal a complex operational landscape. In the third quarter of FY26, the company achieved its highest-ever quarterly revenue of ₹3,872.60 crores, reflecting a substantial year-on-year growth of 134.06% and a sequential increase of 59.25%. This surge in revenue is indicative of accelerated project completions and strong demand, particularly in the Bengaluru market.
However, the profitability metrics present a more nuanced picture. The consolidated net profit for the quarter was ₹222.60 crores, which, while showing an impressive year-on-year growth of 1,157.63%, marked a significant decline of 48.27% compared to the previous quarter. The profit after tax (PAT) margin contracted to 6.32%, down from 18.81% in Q2 FY26, suggesting that the revenue growth came at the expense of profitability.
Additionally, the operating margin, excluding other incom...
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