Prestige

The realty firm's revenue from operations stood at Rs 1,862.1 crore in Q1 FY25 against Rs 1,680.9 crore in the corresponding period last year

Prestige Estates Projects has posted 70 per cent decline in consolidated net profit at Rs 140 crore for the quarter ended March 2024 on lower income. Its net profit stood at Rs 468.4 crore in the year-ago period. Total income fell to Rs 2,232.5 crore in the quarter from Rs 2,938 crore in January-March FY23, according to a regulatory filing late Tuesday. During 2023-24 fiscal year, net profit rose to Rs 1,374.1 crore from Rs 941.8 crore in the preceding year. Total income increased to Rs 9,425.3 crore from Rs 8,772 crore in 2022-23. Prestige Estates is one of the leading real estate developers in the country. It has a significant presence in South India. The company has entered into Mumbai and Delhi-NCR markets.

Consumer needs and requirements have changed, and differ from city to city. We need to take into consideration what the people of a select city need and then do it accordingly, Venkat K Narayana said

Prestige Group currently operates four malls in Bengaluru and Kochi, it plans to develop eight more malls across various stages in cities such as Chennai and Hyderabad

The list was made by the state government, after severe flooding in the parts of Bengaluru, to find the names of buildings that have closed nearly 700 drains in the city

'We plan to launch 8 million square feet in residential projects and 2 million square feet in commercial projects in FY23'

The US private equity group is in advanced talks to acquire Prestige Estates Projects' rent-yielding assets including offices and operating malls

Prestige, Sobha top picks given their exposure to Bengaluru, other southern markets

The Bachchan couple brings star power to an old brand, helps the TTK Group strengthen its mass appeal