Earnings Review
Prestige Estates Q2 PAT jumps YoY, highest in eight qtrs
This story was originally published at 22:22 IST on 12 November 2025
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--Prestige Estates Jul-Sept consol net profit INR 4.30 bln
--Analysts saw Prestige Estates Jul-Sept consol net profit at INR 2.21 bln
--Prestige Estates Jul-Sept consol revenue INR 24.32 bln
--Analysts saw Prestige Estates Jul-Sept consol revenue at INR 25.59 bln
--Prestige Estates Jul-Sept consol PAT INR 4.30 bln vs INR 1.92 bln yr ago
--Prestige Estates Jul-Sept consol revenue INR 24.32 bln vs INR 23.04 bln
--Prestige Estates Apr-Sept consol PAT INR 7.23 bln vs INR 4.25 bln yr ago
--Prestige Estates Apr-Sept consol revenue INR 47.39 bln vs INR 41.67 bln
By Arundathi A R
MUMBAI – Prestige Estates Ltd. Wednesday reported more than a twofold on-year jump in its consolidated bottom line for the Septemebr quarter helped by a mid single-digit fall in total expenses. It was the company's highest year-on-year bottom line growth in eight consecutive quarters. The company's consolidated top line in the reporting quarter rose by mid-single digit on year, missing the Street's projection by a considerable margin. However, the company managed to comfortably beat the Street estimate for its bottom line for the September quarter.
The real estate player's consolidated net profit in the September quarter jumped nearly 124% on year to INR 4.30 billion. On a sequential basis, the bottom line was up 47%. Analysts had pegged the company's consolidated net profit at INR 2.21 billion for the three months ended Sept. 30.
The company's consolidated revenue from operations for the reporting quarter was INR 24.32 billion, up over 5% both on year and on quarter. Analysts had expected the company to report a top line of INR 25.59 billion for Jul-Sept.
Total expenses of the company fell nearly 5% on year to INR 21.26 billion. Contractor cost of the company rose 49% on year to INR 13.19 billion in the reporting quarter. Land cost rose 58% on year to INR 8.10 billion in the three-month period. Other expenses of the company totalled INR 7.85 billion in Jul-Sept, up over 29% on year.
For the half-year ended September, Prestige Estates's consolidated net profit rose over 70% on year to INR 7.23 billion. Its consolidated revenue for the same period rose nearly 14% on year to INR 47.39 billion.
On Wednesday, shares of the company ended over 3% lower at INR 1,701.20 on the National Stock Exchange. The company had released its earnings after market hours Wednesday. End
Edited by Akul Nishant Akhoury
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