मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Prestige has room for better FY26
Mint Mumbai
|June 02, 2025
Prestige Estates Projects Ltd put up a decent show in the March quarter (Q4FY25) with pre-sales or bookings at ₹6,957 crore, up 48% year-on-year.
Prestige Estates Projects Ltd put up a decent show in the March quarter (Q4FY25) with pre-sales or bookings at ₹6,957 crore, up 48% year-on-year. Last quarter, it launched 14.03 million square feet (msf) spanning four projects: Prestige Suncrest and Prestige Southern Star-Ph1 in Bengaluru; Prestige Nautilus in Mumbai; and Prestige Spring Heights in Hyderabad.
However, Prestige still missed its full-year FY25 pre-sales target. Bookings declined 19% year-on-year to ₹17,023 crore, below the guided ₹24,000 crore. Lack of adequate new project launches due to approval delays was a dampener during a large part of the fiscal. Launches fell to 26 msf in FY25 from 40 msf in FY24, and project completions were tepid. Prestige's lacklustre performance comes when other listed peers such as Godrej Properties Ltd and Macrotech Developers Ltd (Lodha) surpassed their respective guidance, clocking impressive FY25 pre-sales.
यह कहानी Mint Mumbai के June 02, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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