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Prestige Estates doubled Q2 sales to ₹6,017 crore, beat annual target, and hit record collections.
Prestige Estates Projects Ltd reported a 50% year-on-year increase in Q2 sales to ₹6,017.3 crore, driven by strong demand across Bengaluru, NCR, and Mumbai, with sales volume rising 47% to 4.42 million square feet.
The company achieved record first-half sales of ₹18,143.7 crore, surpassing its full-year FY25 target, and saw average realisation rise 8% for apartments and 43% for plots.
Collections reached ₹8,730 crore in H1, the highest ever for a half-year, while completions totaled 8 million square feet.
The stock rose 7% on the news, with analysts maintaining a 'Buy' rating.
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Prestige Estates duplicó las ventas del segundo trimestre a ₹ 6,017 crores, superó el objetivo anual y alcanzó colecciones récord.