Prestige Estates Records Best-Ever Quarter with ₹12,126.4 mn Sales

Estates Projects reported its highest-ever quarterly sales of ₹12,126.4 million (₹1,212.64 crore) in Q1 FY26, a 300% year-on-year increase. The company sold 4,718 units, with a sales volume of 9.55 million square feet, up 234% year-on-year. Collections reached a record ₹4,522.7 million (₹452.27 crore), a 55% year-on-year increase. NCR contributed the largest share of sales at 59%, followed by Bengaluru at 21%, Mumbai at 12%, Hyderabad at 5%, and other cities at 3%. Four residential projects totaling 14.94 million square feet were launched, including the first in the NCR region. Completed 5 residential projects spanning 5.45 million square feet, including first completions in Mumbai. Leasing during Q1 FY26 stood at 1.21 million square feet with office occupancy levels at 93.7%. Gross Turnover (GTO) across retail malls stood at ₹5,900 million (₹590 crore) with occupancy levels at 98.9%. According to Mr. Irfan Razack, Chairman and Managing Director, the company made a strong entry into the NCR market, which played a key role in delivering highest-ever quarterly sales and collections. The company also marked its first completions in Mumbai.