Standalone Financial Results (₹ in Million)

Income Statement:

  • Quarter ended September 30, 2026: Revenue from operations: ₹6,645; Other income: ₹1,293; Total income: ₹7,938; Profit before tax: ₹532; Tax expense: ₹250; Net profit: ₹282
  • Quarter ended June 30, 2026: Revenue from operations: ₹7,490; Other income: ₹636; Total income: ₹8,126; Profit before tax: ₹103; Tax expense: ₹(11); Net profit: ₹114
  • Quarter ended September 30, 2025: Revenue from operations: ₹7,982; Other income: ₹723; Total income: ₹8,705; Profit before tax: ₹268; Tax expense: ₹67; Net profit: ₹201
  • Six months ended September 30, 2026: Revenue from operations: ₹14,135; Other income: ₹1,929; Total income: ₹16,064; Profit before tax: ₹635; Tax expense: ₹239; Net profit: ₹396
  • Six months ended September 30, 2025: Revenue from operations: ₹12,542; Other income: ₹1,400; Total income: ₹13,942; Profit before tax: ₹345; Tax expense: ₹13; Net profit: ₹332
  • Year ended March 31, 2026 (Audited): Revenue from operations: ₹40,804; Other income: ₹3,037; Total income: ₹43,841; Profit before tax: ₹2,046; Tax expense: ₹214; Net profit: ₹1,832

Earnings Per Share (Face Value ₹10):

  • Basic & Diluted Q2 FY27: ₹0.66
  • Basic & Diluted Q1 FY27: ₹0.26
  • Basic & Diluted Q2 FY26: ₹0.47
  • Basic & Diluted H1 FY27: ₹0.92
  • Basic & Diluted H1 FY26: ₹0.77
  • Basic & Diluted FY26: ₹4.25

Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹349,489 million (including Assets classified as held for sale: ₹2,421 million)
  • Total Equity: ₹119,187 million (Equity share capital: ₹4,307 million; Other equity: ₹114,880 million)
  • Total Liabilities: ₹230,302 million

Cash Flows (H1 FY27):

  • Net cash from operating activities: ₹6,206 million
  • Net cash used in investing activities: ₹(7,933) million
  • Net cash from financing activities: ₹186 million
  • Net decrease in cash: ₹(1,541) million

Consolidated Financial Results (₹ in Million)

Income Statement:

  • Quarter ended September 30, 2026: Revenue from operations: ₹26,751; Other income: ₹1,605; Total income: ₹28,356; Profit before tax: ₹3,642; Tax expense: ₹943; Net profit: ₹2,562
  • Quarter ended June 30, 2026: Revenue from operations: ₹24,317; Other income: ₹1,620; Total income: ₹25,937; Profit before tax: ₹3,657; Tax expense: ₹1,080; Net profit: ₹2,714
  • Quarter ended September 30, 2025: Revenue from operations: ₹20,602; Other income: ₹2,661; Total income: ₹23,263; Profit before tax: ₹5,840; Tax expense: ₹1,266; Net profit: ₹4,574
  • Six months ended September 30, 2026: Revenue from operations: ₹47,353; Other income: ₹3,225; Total income: ₹50,578; Profit before tax: ₹7,299; Tax expense: ₹2,023; Net profit: ₹5,276
  • Six months ended September 30, 2025: Revenue from operations: ₹47,390; Other income: ₹4,275; Total income: ₹51,665; Profit before tax: ₹10,273; Tax expense: ₹2,537; Net profit: ₹7,689
  • Year ended March 31, 2026 (Audited): Revenue from operations: ₹126,854; Other income: ₹5,101; Total income: ₹131,955; Profit before tax: ₹17,307; Tax expense: ₹4,082; Net profit: ₹13,054

Earnings Per Share (Face Value ₹10):

  • Basic & Diluted Q2 FY27: ₹5.20
  • Basic & Diluted Q1 FY27: ₹5.48
  • Basic & Diluted Q2 FY26: ₹9.99
  • Basic & Diluted H1 FY27: ₹10.68
  • Basic & Diluted H1 FY26: ₹16.78
  • Basic & Diluted FY26: ₹27.76

Attribution of Profit:

  • H1 FY27 Net profit attributable to: Owners of parent: ₹4,600 million; Non-controlling interests: ₹461 million
  • H1 FY26 Net profit attributable to: Owners of parent: ₹7,228 million; Non-controlling interests: ₹1,099 million

Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹836,650 million (including Assets classified as held for sale: ₹60,638 million)
  • Total Equity: ₹171,944 million (Equity attributable to owners: ₹166,468 million; Non-controlling interests: ₹5,476 million)
  • Total Liabilities: ₹664,706 million (including Liabilities directly associated with assets held for sale: ₹36,452 million)

Cash Flows (H1 FY27):

  • Net cash from operating activities: ₹13,107 million
  • Net cash used in investing activities: ₹(14,968) million
  • Net cash from financing activities: ₹4,747 million
  • Net increase in cash: ₹2,886 million

Key Events and Disclosures

Legal and Tax Matters:

  • Note 6 references ongoing legal proceedings related to a real estate project and income tax search matters
  • The company had entered into a Joint Development Agreement with a land owner company; pending claims of ₹923 million including TDRs
  • Land owner company was ordered to be wound up by Hon'ble High Court of Karnataka in FY17 (pending adjudication)
  • Income tax search under section 132 conducted in FY25; show cause notices received in October 2026 with responses filed
  • Management expects recovery of TDR dues and does not expect further liability from tax matters

Strategic Transactions:

  • Acquired 50% partnership interest in Aaramnagar Realty LLP during H1 FY27
  • Prestige Hospitality Ventures Limited (PHVL, wholly-owned subsidiary) withdrew DRHP filed with SEBI in September 2026 (originally filed April 2025 for IPO up to ₹27,000 million)
  • In September 2026, entered agreements with CPP Investment Board Private Holdings (4) Inc. for investment up to ₹30,000 million in PHVL
  • First tranche completed in October 2026: CPPIB acquired equity shares from company for ₹9,500 million and subscribed to compulsorily convertible preference shares in PHVL for ₹5,500 million
  • Investment classified as 'Assets held for sale' per Ind AS 105 as of September 30, 2026

Dividend:

  • Final dividend of ₹2.00 per share recommended for FY26 on May 21, 2026
  • Shareholders approved dividend at AGM held on August 20, 2026
  • Dividend accounted during the quarter per Ind AS 10

Auditor Review:

  • Financial results reviewed by S.R. Batliboi & Associates LLP, Chartered Accountants
  • Review conducted per Standard on Review Engagements (SRE) 2410
  • Includes results of 33 partnership entities in standalone and 72 subsidiaries, 14 joint ventures, and 1 associate in consolidated results
  • Emphasis of matter paragraph included regarding legal and tax proceedings

Regulatory Compliance:

  • Prepared in accordance with Ind AS 34 and SEBI Listing Regulations
  • Submitted to BSE Limited (Scrip Code: 533274)
  • Audit Committee and Board of Directors approved results on November 5, 2026