The real estate developer recorded presales of ₹6,579 crore across its residential, commercial, retail and hospitality businesses according to a regulatory filing. This was lower than the previous quarter’s ₹7,697 crore.
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Its volumes increased 13% to 6.04 million square feet from 5.34 million square feet in the previous quarter.
The company reported collections of 4,802 crore in the first quarter, down 8% from the previous one’s 5,231 crore.
Prestige Estates launched four projects with a combined developable area of 20.16 million square feet and a gross development value of 12,000 crore.
Hyderabad was the largest contributor its quarterly sales, accounting for 49% of the total sales, following by Bengaluru which accounted for 27%, Mumbai, NCR and other markets making up 12%, 7% and 5%, respectively.
The shares of the company rose as much as 0.36%, hitting an intraday high of ₹1,692.1 on Thursday morning, but has since pared some of its gains and was trading at ₹1644.00 as of 12.06 pm, down 2.51%. The shares have risen about 2.54% so far this year but declined over 4.28% over the last 12 months.
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First Published: Jul 16, 2026 12:37 PM IST
