Prestige Estates Projects reports strong half-year financials, subsidiary eyes IPO

Prestige Estates Projects Limited reported a standalone net profit of INR 332 million for the half-year ended September 30, 2025, with revenue from operations reaching INR 12,542 million. Consolidated figures show a net profit of INR 7,689 million and revenue from operations totaling INR 47,390 million for the same period. The board of directors approved these unaudited results at a meeting held on November 12, 2025.

The company's standalone profit before tax for the half-year was INR 345 million, while consolidated profit before tax stood at INR 10,226 million.

Additionally, Prestige Hospitality Ventures Limited (PHVL), a wholly-owned subsidiary, filed a Draft Red Herring Prospectus for a proposed Initial Public Offering of up to INR 10,000 million in offer for sale and INR 17,000 million in fresh issue.