The company sold 4,718 units in the first quarter of the financial year 2026, increasing its sales by 300% to an all-time high of ₹12,126.4 crore from the previous year.
Its sales volumes increased 234% to 9.55 million square feet from the first quarter of the previous fiscal.
The company said its collections were up 55% at ₹4,522.7 crore from the year-ago period, its highest-ever quarterly collections to date.
Its average realisations were at ₹13,339 per square foot for apartments and ₹7,343 per square foot for plotted developments.
The NCR region contributed the largest share in Prestige Estates’ geographical sales at 59%, followed by Bengaluru at 21%, Mumbai at 12%, Hyderabad at 5% and other cities accounting for 3%.
Prestige Estates said it launched four residential projects in the quarter under review, totalling 13.94 million square feet, including its first-ever launch in the NCR region.
It also completed five residential projects spanning 5.45 million square feet, including its first-ever project completions in Mumbai.
Shares of Prestige Estates were down 0.9% at ₹1,644.1 apiece at 1.35 pm on Wednesday, July 9. The stock has declined nearly 4% in the past month.
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