Interim report
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Prestige GROUP Add Prestige to your life July 29, 2026 To National Stock Exchange of India Limited Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 NSE Symbol: PRESTIGE Dear Sir/Madam To BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 BSE Scrip Code: 533274 Sub: Outcome of Board Meeting held on July 29, 2026. This is to inform that the Board of Directors at their meeting held today, i.e. Wednesday, July 29, 2026 have approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026 as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In this connection, please find enclosed herewith: 1. Unaudited Standalone Financial Results and Limited Review Report for the quarter ended June 30, 2026; and 2. Unaudited Consolidated Financial Results and Limited Review Report for the quarter ended June 30, 2026. 1c Ai• The Board Meeting commenced at 03.45 PM and concluded at 1 1. P' Thanking You, Yours sincerely For Prestige Estates Projects Limited Irfan airman nd Managing Director DIN: 00209022 Encl: a/ a. Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone 1-91 80 25591080 E-mail investors@prestigeconstructions.com www.prestigeconstructions.com CIN • L07010KA1997PLCO22322
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S.R. BATLIBOI & ASSOCIATES L LP Chartered Accountants 12th Fluor "UB Cily" Canberra Block No. 24, Vittal MaIlya Road Bennalurti 560 001, India Tel : +91 80 6648 9000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Prestige Estates Projects Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Prestige Estates Projects Limited (the "Company") which includes 31 partnership entities for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410. "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above and based on the consideration of the review reports of other auditors of the partnership entities referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (`Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matter We draw attention to Note 4 to the Statement in connection with certain ongoing legal proceedings related to real estate project and income tax search matters. Our conclusion is not modified in respect of this matter. S. R alillbOl& A,,oi iii' united Pnitri. , ..11.1) with t I P tdriitil.; No. AAH .12"S 01111-1. Carol( Climit. Rln,w II, 3 ,a 1 1001, Ito11, 11.- 70001(.
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants 6. Other Matter The accompanying Statement includes Company's share of net profit/(loss) after tax of Rs. 164 million for the quarter ended June 30, 2026 as considered in the Statement, in respect of 30 partnership entities, whose unaudited interim financial results and other financial information which have been reviewed by their respective auditors. The reports of such other auditors on unaudited interim financial results and other financial information of these partnership entities have been furnished to us by the Management, and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these partnership entities, is based solely on the reports of such other auditors. Our conclusion on the Statement is not modified in respect of the above matter. For S.R. BATLIBOI & ASSOCIATES LLP Chartered Account is ICAI Finn registr ion number: 101049W/E300004 Partner N • A- fEl P eng iuru ,;, //,<•':,- r per Sudhir a Jain UDIN: 26213157SBYGEC5299 Membership No.: 213157 Place : Bengaluru, India Date : July 29, 2026
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Precr sti,ge PRESTIGE ESTATES PROJECTS LIMITED REGD OFFICE: PRESTIGE FALCON TOWER NO.19, BRUNTON ROAD BENGALURU 560025 ON: L07010KA1997PLCO22322 Statement of Standalone unaudited Financial Results for the quarter ended 30 June 2026 (Rs. In Million) SI No Particulars Quarter ended Year ended 30 Jun 2026 31 Mar 2026 30 Jun 2025 31 Mar 2026 (Unaudited) (Audited) (Refer Note 9) (Unaudited) (Audited) 1 Income Revenue from operations 7,490 16,968 4,560 40,804 Other income 636 700 677 3,037 Total income 8,126 17,668 5,237 43,841 2 Expenses (Increase)/ decrease in inventories (3,339) (1,003) (3,533) (12,017) Contractor cost 1,944 5,338 2,494 14,706 Purchase of materials 612 658 581 2,321 Land cost 3,359 4,804 1,418 15,967 Employee benefits expense 1,073 1,679 781 4,668 Finance costs 1,950 2,065 1,445 6,636 Depreciation and amortisation expense 1,056 1,073 1,008 4,138 Other expenses 1,368 1,663 966 5,376 Total expenses 8,023 16,277 5,160 41,795 3 Profit before exceptional items (1-2) 103 1,391 77 2,046 4 Exceptional items _- - - 5 Profit before tax (3+4) 103 1,391 77 2,046 6 Tax expense Current tax 1,765 1,221 138 1,788 Deferred tax (1,776) (872) (192) (1,574) Total tax expenses (11) 349 (54) 214 7 Net profit for the period/ year (5-6) 114 1,042 131 1,832 8 Other comprehensive income Items that will not be recycled to profit or loss Remeasurements of the defined benefit plans - 35 - 35 Tax impact - (9) - (9) Total other comprehensive income - 26 - 26 9 Total comprehensive income for the period/ year [Comprising net profit and other comprehensive income] (7+8) 114 1,068 131 1,858 10 Paid-up equity share capital 4,307 4,307 4,307 4,307 11 Earnings Per Shares (in Rs.) (Face Value of Rs.10/- per share) a) Basic 0.26 2.42 0.30 4.25 b) Diluted 0.26 2.42 0.30 4.25 See accompanying notes to financial results * Not annualised for the quarter. Notes to financial results 1 The above standalone unaudited financial results of Prestige Estates Projects Limited (the "Company") has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29 July 2026. The statutory auditors of the Company have carried out the limited review of the above results. 2 These unaudited financial results of the Company has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 (Ind AS 34) "interim Financial Reporting" as prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3 Segment information The Chief Operating Decision Maker reviews the operations of the Company as a real estate development and related activity, which is considered to be the only reportable segment by the Management. Hence, there are no additional disclosures to be provided under Ind AS 108 - S t I . ent information with respect to the single reportable segment. The Company is domiciled in India. The Compan m \%AV- .. - ..,:i. s from external customers relate to real estate development in India and the non-current assets of the Company ar /, 0, <(\ 41-1 teslifeblconToweif -'-‘\ W il 19, ;rah !Ind r-1 Bantalct2.560025 ,,i• -ii - 0: .
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For and on behalf of Board of Directors of Prestige es Projects Limited `?0 azack Chairman and anaging Director Testige Ncoa Tone it) 119, ran' Baiitalun -560 025 tr) Place: Bengaluru Date: 29 July 2026 - 11161‘-- Presti GROU PRESTIGE ESTATES PROJECTS LIMITED REGD OFFICE: PRESTIGE FALCON TOWER NO.19, BRUNTON ROAD BENGALURU 560025 CIN: L07010KA1997PLCO22322 Statement of Standalone unaudited Financial Results for the quarter ended 30 June 2026 4 a. The Company had entered into a registered Joint Development Agreement (JDA) with a certain land owner (the "Land Owner Company") to develop a real estate project ("the Project"). Under the said JDA, the Company acquired development rights over a certain parcel of land of the Land Owner Company and In exchange was required to provide the Land Owner Company a share in the Project (the "Land Owner Company's share"). The Company had incurred Transferrable Development Rights (TOR's) which are recoverable from the Land Owner Company. The Company has certain pending claims (including gross receivables of Rs. 923 Million including towards TDRs) from the Land Owner Company. Considering the rights of the Company under the JDA, the status of development achieved so far in the Project; the Escrow arrangement with the Company, Land Owner Company and the Lender of the Land Owner Company (to whom the Land Owner Company's share of developed units have been mortgaged), which provides for manner of recovery of TDR dues; the fact that the handing over formalities of the underlying units are yet to be completed, the Company expects to recover the above gross dues towards TDR's. The Land Owner Company has been ordered to be wound up by the Hon'ble High Court of Karnataka during the year ended 31 March 2017, which is pending adjudication. Pending ultimate outcome of the aforesaid legal proceedings, the management is of the view that no further adjustments are required in the financial results. b. A search under section 132 of the Income Tax Act ('the Act') was conducted during the year ended 31 March 2025 on the Company and certain group companies. As on the date of the financial results, the Company and such group companies have not received any demand or show cause notice from the Income tax authorities pursuant to such search proceedings. The management has confirmed that the Company and such group companies have complied with the requirements of the Act and does not expect any further liability on final assessment of the aforesaid matter. 5 During the quarter ended 30 June 2026, the Company has acquired 50% partnership interest in Aaramnagar Realty LLP. 6 During the year ended 31 March 2025, the Company had issued 29,868,578 Equity Shares of face value of Rs. 10 each in a Qualified Institutional Placement (QIP) aggregating to Rs. 50,000 Million. As at 30 June 2026, the entire amount so raised pursuant to QIP has been utilised for the purpose for which they were raised. 7 In April 2025, Prestige Hospitality Ventures Limited ('PHVL'), a wholly owned subsidiary of the Company, has filed Draft Red Herring Prospectus with Securities and Exchange Board of India for proposed Initial Public Offering, comprising of an offer for sale of such number of equity shares aggregating up to Rs. 10,000 million and fresh issue of equity shares aggregating up to Rs. 17,000 million. 8 The Board of Directors of the Company at their meeting held on 21 May 2026, have recommended to the Members for their approval, Final Dividend of Rs. 2.00 per share for the financial year ended 31 March 2026. The said proposed dividend is subject to approval at the ensuring Annual General Meeting and is not recognised as a liability as at 30 June 2026. 9 The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full financial year ended 31 March 2026 and the published year to date figures upto the third quarter of the financial year ended 31 March 2026, which were subjected to limited review.
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants 12th Floor "U8 City - Canberra Block No. 24, Vittal MaIlya Road Bengaluru - 560 001, India Tel : +91 80 6648 9000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Prestige Estates Projects Limited 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Prestige Estates Projects Limited (the "Holding Company"), its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), its joint ventures and an associate for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Holding Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: SI. No. Name of the entities A Parent Company 1 Prestigc Estates Projects Limited B Subsidiaries 1 Ace Realty Ventures Private Limited (formerly known as Ace Realty Ventures) 2 Albert Properties 3 Apex Realty Management Private Limited 4 Apex Realty Ventures LLP 5 Aspire Spaces Tellapur Private Limited 6 Avyakth Cold Storages Private Limited 7 Bharatnagar Buildcon LLP 8 Dollars Hotel & Resorts Private Limited 9 Eden Investments & Estates 10 Evergreen Industrial Estate R dal,ibt” A...,0,11.1. I I_ i iinand RolnArsho .111 I.rr Ideobty NC AAB..12Rc firod ',Alpo!. Rlr., % ii 3,0 I ,eol. 701) 011.
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S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants SI. No. Name of the entities 11 [CBI (India) Private Limited 12 K2K Infrastructure (India) Private Limited 13 Kochi Cyber Greens Private Limited 14 Morph 15 Northland Holding Company Private Limited 16 Orange Grove Lands Private Limited 17 Prestige (BKC) Realtors Private Limited 18 Prestige AAA Investments 19 Prestige Acres Private Limited 20 Prestige Alta Vista Properties LLP (formerly known as Prestige Alta Vista Holdings) 21 Prestige Bidadi Holdings Private Limited 22 Prestige Builders and Developers Private Limited 23 Prestige Century Landmark 24 Prestige Century Megacity 25 Prestige Construction Ventures Private Limited /6 Prestige Devenahalli Developers LLP 17 Prestige Exora Business Parks Limited 28 Prestige Falcon Business Parks 29 Prestige Falcon Malls Private Limited 30 Prestige Falcon Mumbai Realty Private Limited 31 Prestige Falcon Realty Ventures Private Limited 31 Prestige Garden Estates Private Limited 33 Prestige Garden Resorts Private Limited 34 Prestige Goa Hospitality Ventures 35 Prestige Habitat Ventures Private Limited 36 Prestige Hospitality Ventures Limited 37 Prestige Kammanahalli Investments 38 Prestige Leisure Resorts Private Limited 39 Prestige Lonavala Estates Private Limited 40 Prestige Mall Management Private Limited 41 Prestige Mulund Realty Private Limited 41 Prestige Nottinghill Investments 43 Prestige Office Management Private Limited 44 Prestige Office Ventures 45 Prestige OMR Ventures LLP 46 Prestige Ozone Properties 47 Prestige Pallavaram Estates Private Limited 48 Prestige Projects Private Limited 49 Prestige Property Management & Services 50 Prestige Realty Ventures Private Limited (formerly known as Prestige Realty Ventures) 51 Prestige Retail Ventures Limited 52 Prestige Silveroak Projects Private Limited (formerly known as Silveroak Projects) 53 Prestige Southcity Holdings Berg lir N "Yr
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BATLIBOI & ASSOCIATES LLP Chartered Accountants SI. No. Name of the entities 54 Prestige Sterling Infraprojects Private Limited 55 Prestige Summit Convention Private Limited 56 Prestige Sunrise Investments 57 Prestige Vaishnaoi Hospitality Private Limited 58 Prestige Valley View Estates LLP 59 Prestige Warehousing And Cold Storage Services Private Limited 60 Prestige Whitefield Developers 61 Prestige Whitefield Investment and Developers LLP 62 PSN Property Management and Services 63 Sai Chakra Hotels Private Limited 64 Shipco Infrastructure Private Limited 65 Southeast Realty Ventures 66 Stellar Builder Dynamics LLP 67 Stellar Prism Private Limited 68 The QS Company 69 TPCM Educare LLP 70 Turf Estate Joint Venture LLP 71 Village-De-Nandi Private Limited 72 Villaland Developers LLP 73 West Palm Developments LLP C Joint ventures 1 Aaramnagar Realty LLP (w.e.f April 09, 2026) 2 Bamboo Hotel and Global Centre (Delhi) Private Limited 3 Canopy Living LLP 4 Dashanya Tech Parkz Private Limited 5 Pandora Projects Private Limited 6 Prestige Beta Projects Private Limited 7 Prestige MRG Eco Ventures 8 Prestige Vaishnaoi Hospitality Ventures 9 Prestige Vaishnaoi Projects 10 Prestige Vaishnaoi Realty Ventures I I Stellar Envision LLP (w.e.f. June 19, 2026, was subsidiary till June 18, 2026) 12 Techzone Technologies Private Limited 13 Thomsun Realtors Private Limited 14 Worli Urban Development Project LLP D Associate I WSI Falcon Infra Projects Private Limited 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued
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BATLIBOI & ASSOCIATES LLP Chartered Accountants thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Emphasis of Matter We draw attention to Note 4 to the Statement in connection with certain ongoing legal proceedings related to real estate project and income tax search matters. Our conclusion is not modified in respect of this matter. 7. Other Matters a) The accompanying Statement includes the unaudited interim financial results and other financial information, in respect of: • 70 subsidiaries, whose unaudited interim financial results include total revenues of Rs. 15,170 million, total net profit/(loss) after tax of Rs. 1,878 million, total comprehensive income of Rs. 1,878 million, for the quarter ended June 30, 2026, as considered in the Statement which have been reviewed by their respective independent auditors. • 11 joint ventures, whose unaudited interim financial results include Group's share of net profit/( loss) of Rs. (23) million and Group's share of total comprehensive income of Rs. (23) million for the quarter ended June 30, 2026, as considered in the Statement whose unaudited interim financial results and other financial information have been reviewed by their respective independent auditors. The independent auditor's review reports on interim financial information/ financial results of these entities have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries and joint ventures, is based solely on the report of such auditors and procedures performed by us as stated in paragraph 3 above. b) The accompanying Statement includes unaudited interim financial results and other unaudited financial information in respect of: • 1 associate and I joint venture, whose interim financial results includes the Group's share of net profit/(loss) of Rs. (5) million and Group's share of total comprehensive income of Rs. (5) million for the quarter ended June 30, 2026 respectively. The unaudited interim financial results and other unaudited financial information of the associate and joint venture have not been reviewed by any auditors and have been approved and furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the affairs of the associate and joint venture, is based solely on such unaudited interim financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial information/ financial results are not material to the Group. Our conclusion on the Statement in respect of matters stated above is not modified with respect to our reliance on the work done and the reports of the other auditors and financial results/ financial information certified by the Management. For S.R. Batliboi & ssociates LLP Chartered Accoun is ICAI Fir Legist tion number: 101049W/E300004 per Sudh r Jain Partner Member No.: 213157 UDEN: 26213157LLAGEW7937 Place: Bengaluru, India Date: July 29, 2026
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"q-S ,PlestgtF1'en1 toilets' # 19, 8angaNle• SW 025 3 Segment information The Chief Operating Decision Maker reviews the operations of the Group as a real estate development and related activity, which is considered to be the only reportable segment by the Management. Hence, there are no additional disclosures to be provided under Ind AS 108 - Segment information with respect to the single reportable segment. The Group is domiciled in India. The Group's revenue from operations from external simmers relate to real estate development in India and the non-current assets of the Group are located in India. ITO ti co co Bengaluru ".„ 6 Prestig, .e Gov PRESTIGE ESTATES PROJECTS LIMITED REGD OFFICE: PRESTIGE FALCON TOWER NO.19, BRUNTON ROAD BENGALURU 560025 CIN: L07010KA1997PLCO22322 Statement of Consolidated unaudited Financial Results for the quarter ended 30 June 2026 (Rs. In Million) SI No Particulars Quarter ended Year ended 30 Jun 2026 31 Mar 2026 30 Jun 2025 31 Mar 2026 (Unaudited) (Audited Refer note 10) (Unaudited) (Audited) 1 Income Revenue from operations 26,751 40,738 23,073 1,26,854 Other income 1,605 697 1,614 5,101 Total income 28,356 41,435 24,687 1,31,955 2 Expenses (Increase)/ decrease in inventories (28,236) (23,161) (19,639) (73,192) Contractor cost 17,635 23,707 13,532 70,977 Purchase of materials 2,292 2,627 1,901 9,676 Land cost 17,486 14,808 11,340 43,633 Employee benefits expense 2,557 3,276 1,969 10,027 Finance costs 4,184 4,296 3,839 15,824 Depreciation and amortisation expense 2,257 2,378 2,162 9,061 Other expenses 6,421 9,026 5,032 28,642 Total expenses 24,596 36,957 20,136 1,14,648 3 Profit before exceptional items (1-2) 3,760 4,478 4,551 17,307 4 Exceptional items - - - - 5 Profit before Share of profit from joint ventures and associate (3+4) 3,760 4,478 4,551 17,307 6 Share of profit / (loss) from joint ventures and associate (net of tax) (103) (351) (165) (171) 7 Profit before tax (5+6) 3,657 4,127 4,386 17,136 8 Tax expense Current tax 2,689 2,747 2,597 8,900 Deferred tax (1,746) (1,538) (1,326) (4,818) Total tax expenses 943 1,209 1,271 4,082 9 Net profit for the period/ year (7-8) 2,714 2,918 3,115 13,054 10 Other comprehensive income Items that will not be reclassified to profit or loss Remeasurements of the defined benefit plans 73 7 88 Tax Impact - (19) (2) (23) Total other comprehensive income - 54 5 65 11 Total comprehensive income for the period/ year 2,714 2,972 3,120 13,119 [Comprising net profit and other comprehensive income] (9+10) 12 Profit for the period/year attributable to: Owners of the parent 2,359 2,501 2,925 11,955 Non controlling interests 355 417 190 1,099 13 Other comprehensive income for the period/ year attributable to: Owners of the parent - 54 5 65 Non controlling interests - 14 Total comprehensive income for the period/ year attributable to: Owners of the parent 2,359 2,555 2,930 12,020 Non controlling interests 355 417 190 1,099 15 Paid-up equity share capital 4,307 4,307 4,307 4,307 16 Earnings Per Shares (In Fts.) (Face Value of Rs.10/- per Share) a) Basic 5.48 5.81 6.79 27.76 b) Diluted 5.48 5.81 6.79 27.76 See accompanying notes to financial results * Not annualised for the quarter. Notes to financial results 1 The above unaudited consolidated financial results of Prestige Estates Projects Limited (the "Company" or the "Holding Company"), its subsidiaries (the Company and its subsidiaries together referred to as "the Group"), its joint ventures and an associate has been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 29 July 2026. The statutory auditors of the Company have carried out limited review of the above results. 2 These unaudited results of the Group has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standards 34 (Ind AS 34) "Interim Financial Reporting" as prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
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Wan Razack fha an an anaging Director Place: Bengaluru Date: 29 July 2026 Prestp GPM 4 PRESTIGE ESTATES PROJECTS LIMITED REGD OFFICE: PRESTIGE FALCON TOWER NO.19, BRUNTON ROAD BENGALURU 560025 CIN: L07010KA1997PLCO22322 Statement of Consolidated unaudited Financial Results for the quarter ended 30 June 2026 a. The Company had entered into a registered Joint Development Agreement (JDA) with a certain land owner (the "Land Owner Company") to develop a real estate project ("the Project"). Under the said JDA, the Company acquired development rights over a certain parcel of land of the Land Owner Company and In exchange was required to provide the Land Owner Company a share In the Project (the "Land Owner Company's share"). The Company had incurred Transferrable Development Rights (TDR's) which are recoverable from the Land Owner Company. The Company has certain pending claims (including gross receivables of Rs. 923 Million including towards TDRs) from the Land Owner Company. Considering the rights of the Company under the JDA, the status of development achieved so far in the Project; the Escrow arrangement with the Company, Land Owner Company and the Lender of the Land Owner Company (to whom the Land Owner Company's share of developed units have been mortgaged), which provides for manner of recovery of TDR dues; the fact that the handing over formalities of the underlying units are yet to be completed, the Company expects to recover the above gross dues towards TDR's. The Land Owner Company has been ordered to be wound up by the Hon'ble High Court of Karnataka during the year ended 31 March 2017, which is pending adjudication. Pending ultimate outcome of the aforesaid legal proceedings, the management is of the view that no further adjustments are required in the financial results. b. A search under section 132 of the Income Tax Act ('the Act') was conducted during the year ended 31 March 2025 on the Company and certain group companies. As on the date of the financial results, the Company and such group companies have not received any demand or show cause notice from the Income tax authorities pursuant to such search proceedings. The management has confirmed that the Company and such group companies have complied with the requirements of the Act and does not expect any further liability on final assessment of the aforesaid matter. 5 The figures of standalone financial results are as follow: Rs. In Million) Particulars Quarter ended Year ended 30 Jun 2026 31 Mar 2026 30 Jun 2025 31 Mar 2026 (Unaudited) (Audited Refer note 10) (Unaudited) (Audited) Revenue from operations Profit before tax Profit after tax 7,490 103 114 16,968 1,391 1,042 4,560 77 131 40,804 2,046 1,832 The unaudited standalone financial results for the quarter ended 30 June 2026 can be viewed on the Company's website www.prestigeconstructions.com and can also be viewed on the website of National Stock Exchange of India Limited and BSE Limited. 6 During the quarter ended 30 June 2026, the Group has acquired 50% partnership interest in Aaramnagar Realty LLP. 7 During the year ended 31 March 2025, the Company had issued 29,868,578 Equity Shares of face value of Rs. 10 each in a Qualified Institutional Placement (QIP) aggregating to Rs. 50,000 Million. As at 30 June 2026, the entire amount so raised pursuant to QIP has been utilised for the purpose for which they were raised. 8 In April 2025, Prestige Hospitality Ventures Limited ('PHVL'), a wholly owned subsidiary of the Company, has filed Draft Red Herring Prospectus with Securities and Exchange Board of India for proposed Initial Public Offering, comprising of an offer for sale of such number of equity shares aggregating up to Rs. 10,000 million and fresh issue of equity shares aggregating up to Rs. 17,000 million. 9 The Board of Directors of the Company at their meeting held on 21 May 2026, have recommended to the Members for their approval, Final Dividend of Rs. 2.00 per share for the financial year ended 31 March 2026. The said proposed dividend is subject to approval at the ensuring Annual General Meeting and is not recognised as a liability as at 30 June 2026. 10 The figures for the quarter ended 31 March 2026 are the balancing figures between the audited figures in respect of the full financial year ended 31 March 2026 and the published year to date figures upto the third quarter of the financial year ending 31 March 2026, which were subjected to limited review. For and on behalf of Board of Directors of Prestige Estates Projects Limited