Prestige Estates Projects reports many fold jump in sales during Q1FY26

The company sold 4,718 units, translating to a sales volume of 9.55 million square feet, up 234% year-on-year

Prestige Estates Projects has kicked off FY26 with its strongest quarterly performance to date, clocking an all-time high of Rs 12126.40 crore in sales in the quarter ended June 30, 2025 (Q1 FY26), marking a 300% growth over the same period last year.

The company sold 4,718 units, translating to a sales volume of 9.55 million square feet, up 234% year-on-year. The sales were backed by robust customer demand and disciplined collections, which rose to Rs 4522.70 crore, the highest quarterly collections to date, marking a 55% year-on-year increase. Average realization stood at Rs 13,339 per square foot for apartments while plotted developments fetched Rs 7,343 per square foot.

In line with its scale-up strategy, Prestige launched four residential projects totaling 14.94 million square feet during the quarter, including its first-ever launch in the NCR region. These launches featured a mix of plotted developments and integrated townships, catering to diverse homebuyer segments.

Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.