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Prestige Estates Projects reports 102% sales growth in Q2FY24

09 Oct 2023 Evaluate

Prestige Estates Projects has registered sales of Rs 7092.60 crore (up by 102% year-on-year) and quarterly Collections of Rs 2639.80 crore (up by 1% year-on-year) in Q2FY24. The sales during this period is attributed to 6.84 million square feet (sft) (up by 50% year-on-year) volume with an average realization of Rs 10,369/sft (up by 29% year-on-year) for Apartments / Villas and average realization of Rs 6,753/sft (up by 62% year-on-year) for Plot Sales. The Group sold 3659 units during Q2FY24.

During H1FY24, the Group registered record-breaking highest sales of Rs 11007.30 crore (up by 69% year-on-year) and Collections of Rs 5380.60 crore (up by 13% year-on-year). The sales during this period are attributed to 10.7 million sft (up by 30% year-on-year) volume with an average realization of Rs 10,338/sft (up by 25% year-on-year) for Apartments/ Villas and average realization of Rs 4,825/sft (up 17% year-on-year) for Plot Sales. The Group sold 5935 units during H1 FY24. 

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.

Prestige EstatesProj Share Price

1699.25 -33.10 (-1.91%)
13-Jul-2026 11:50 View Price Chart
Peers
Company Name CMP
Lodha Developers 1192.15
Dilip Buildcon 420.75
Sobha 1511.65
Oberoi Realty 1888.00
DLF 681.75
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