BSEBoard Meeting4d ago · 5 Nov 2026, 06:50 pm

Outcome of Board Meeting held on November 5, 2026

Prestige Estates Projects Ltd · 533274

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Prestige Estates Projects Ltd has announced the outcome of its board meeting held on November 5, 2026, where the board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The results have been reviewed by the independent auditor S.R. Batliboi & Associates LLP, who have expressed a conclusion that nothing has come to their attention that would cause them to believe the results contain any material misstatement.

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Earnings Impact8/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment6/10

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Prestige Estates Projects Ltd - 533274 - Board Meeting Outcome for Outcome Of Board Meeting Held On November 5, 2026.

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Prestiige Add Prestige to your life November 5, 2026 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalai Street, Bandra (E), Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: PRESTIGE BSE Scrip Code: 533274 Dear Sir/Madam Sub: Outcome of Board Meeting held on November 5, 2026. This is to inform that the Board of Directors at their meeting held today, i.e. Thursday, November 5, 2026 have approved the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026 as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In this connection, please find enclosed herewith: 1. Unaudited Standalone Financial Results and Limited Review Report for the quarter and half year ended September 30, 2026; and 2. Unaudited Consolidated Financial Results and Limited Review Report for the quarter and half year ended September 30, 2026. aci .. eM The Board Meeting commenced at 03.45 PM and concluded at ..Q.c.; . Thanking You, Yours sincerely For Prestige Estates Projects Limited 4rfarittazac Chairman and Managing Director DIN: 00209022 End: a/ a. Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 E-mail : investors®prestigeconstructions.com www.prestigeconstructions.com ON : L070101CA I 997PLCO22322 S.R. BATLIBOI < ASSOCIATES LLP 12th Floor "UB City" Canberra Block No. 24, Vittal MaIlya Road Chartered Accountants Bengaluru - 560 001, India Tel : +91 80 6648 9000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Prestige Estates Projects Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Prestige Estates Projects Limited (the "Company") which includes 33 partnership entities for the quarter and six months ended September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above and based on the consideration of the review reports of other auditors of the partnership entities referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (`Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matter We draw attention to Note 6 to the Statement in connection with certain ongoing legal proceedings related to real estate project and income tax search matters. Our conclusion is not modified in respect of this matter. S.R. Batlibol 8. Associates LIP, a Limited Liability Partnership with LLP Identity No. AAB•4295 Regd. Office : 22, Camac Street, Block 'B', 3rd Floor, Kolkata•700 016 S.R. BATL11301 & ASSOCIATES LLP Chartered Accountants 6.(cid:9) Other Matter The accompanying Statement includes Company's share of net profit/(loss) after tax of Rs. 3 million and Rs. 167 million for the quarter ended September 30, 2026 and six months ended September 30, 2026 respectively as considered in the Statement, in respect of 32 partnership entities, whose unaudited interim financial results and other financial information have been reviewed by their respective auditors. The reports of such other auditors on unaudited interim financial results and other financial information of these partnership entities have been furnished to us by the Management, and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these partnership entities, is based solely on the reports of such other auditors. Our conclusion on the Statement is not modified in respect of the above matter. For S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants ICAI Firm registr on number: 101049W/E300004 co Bengaluru per Sudh Ku ar Jain Partner/ SI (cid:9) 6 Memb rship No.: 213157 UDIN: 2621316-"7-a NTE RA518-1 Place : Bengaluru, India Date : November 05, 2026 PRESTIGE ESTATES PROJECTS LIMITED REGD OFFICE: PRESTIGE FALCON TOWER NO.19, BRUNTON ROAD BENGALURU 560025 PrGestiAe CIN: L07010KA1997PLCO22322 •" Statement of Standalone Unaudited Financial Results for the quarter and six months ended 30 September 2026 Rs. In Million Quarter ended Six months ended Year ended Particulars 30 Sep 2026 30 Jun 2026 30 Sep 2025 30 Sep 2026 30 Sep 2025 31 Mar 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income Revenue from operations 6,645 7,490 7,982 14,135 12,542 40,804 Other income 1,293 636 723 1,929 1,400 3,037 Total income 7,938 8,126 8,705 16,064 13,942 43,841 2 Expenses (Increase)/ decrease in inventories (7,663) (3,339) (2,553) (11,002) (6,086) (12,017) Contractor cost 3,475 1,944 4,247 5,419 6,741 14,706 Purchase of materials 666 612 484 1,278 1,065 2,321 Land cost 4,966 3,359 1,529 8,325 2,947 15,967 Employee benefits expense 1,158 1,073 944 2,231 1,725 4,668 Finance costs 2,268 1,950 1,677 4,218 3,122 6,636 Depreciation and amortisation expense 1,073 1,056 1,013 2,129 2,021 4,138 Other expenses 1,463 1,368 1,096 2,831 2,062 5,376 Total expenses 7,406 8,023 8,437 15,429 13,597 41,795 3 Profit before exceptional items (1-2) 532 103 268 635 345 2,046 4 Exceptional items - - - - 5 Profit before tax (3+4) 532 103 268 635 345 2,046 6 Tax expense Current tax 949 1,765 239 2,714 377 1,788 Deferred tax (699) (1,776) (172) (2,475) (364) (1,574) Total tax expenses 250 (11) 67 239 13 214 7 Net profit for the period/ year (5-6) 282 114 201 396 332 1,832 8 Other comprehensive income Items that will not be recycled to profit or loss Remeasurements of the defined benefit plans - - - 35 Tax impact (9) Total [Showing first 8,000 characters — download PDF for full document]