Prestige Estates Projects reported a net profit of ₹43.10 crore for Q4 FY25, a significant drop from ₹235.90 crore in the same quarter last year.

Its consolidated income also fell 28.81% YoY to ₹1,589.30 crore. Despite the decline, the company achieved robust pre-sales of ₹26,957.40 crore, marking a 48% YoY growth, with collections at ₹3,155.10 crore and an average price realization of ₹15,524 per sq ft. The board recommended a final dividend of ₹1.8 per share and approved the issuance of non-convertible debentures worth ₹22,000 crore. Prestige also announced a commercial project in Mumbai with Valor Estate, entailing a GDV of ₹24,500 crore over 1.5 million sq ft. Both parties will hold a 50% economic interest. Additionally, the company launched "Prestige Gardenia Estates," a plotted development in Devanahalli, Bengaluru, with 516 plots across 47 acres, targeting revenue of over ₹500 crore.