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Prestige Group, in partnership with Bengaluru Airport City (BACL), today announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.Designed as a world-class business, hospitality and cultural hub, the development brings together an iconic convention and exhibition centre, luxury hotels under the globally renowned St. Regis brand and Marriott Marquis brand, premium office space, and curated food and beverage experiences within a seamlessly connected urban environment. Located within Bengaluru Airport City, the project is poised to serve a diverse mix of global travellers, event organisers, corporations, visitors, and residents. By combining world-class infrastructure with hospitality, commercial, and cultural offerings, it strengthens Bengaluru`s appeal as a global gateway while advancing the vision of the Airport City as a dynamic centre for commerce, collaboration, and experiences.

Prestige Estates Projects announced that the Board of Directors of the Company at its meeting held on 21 May 2026, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

Net profit of Prestige Estates Projects rose 900.40% to Rs 250.10 crore in the quarter ended March 2026 as against Rs 25.00 crore during the previous quarter ended March 2025. Sales rose 166.54% to Rs 4073.80 crore in the quarter ended March 2026 as against Rs 1528.40 crore during the previous quarter ended March 2025.For the full year,net profit rose 155.72% to Rs 1195.50 crore in the year ended March 2026 as against Rs 467.50 crore during the previous year ended March 2025. Sales rose 72.60% to Rs 12685.40 crore in the year ended March 2026 as against Rs 7349.40 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4073.801528.40 167 12685.407349.40 73 OPM %24.8034.61 -29.1034.23 - PBDT650.50303.80 114 2619.701568.10 67 PBT412.7087.10 374 1713.60755.80 127 NP250.1025.00 900 1195.50467.50 156 Powered by Capital Market - Live News

Prestige Estates Projects will hold a meeting of the Board of Directors of the Company on 21 May 2026.

Prestige Estates Projects announced a strong response to its recently launched residential project, Prestige Golden Grove, in Hyderabad, underscoring sustained homebuyer demand in the market. The project, one of the largest single-phase developments in Hyderabad, witnessed over 4,000 customer footfalls, among the highest seen for a residential launch in the city, highlighting significant market interest. Within two weeks of launch, the Company achieved sales of over 1,700 units, translating to a total sales value exceeding Rs 2,500 crore, reflecting robust early traction. The encouraging response reflects continued customer interest and confidence in well-located, thoughtfully designed residential developments. Strategically located in Tellapur, Prestige Golden Grove is a large-scale residential development spread across ~29 acres, comprising approximately 5,120 units across 10 towers, with a total estimated gross development value (GDV) of ~Rs 9,500 crore. The project has been conceptualised to offer a blend of modern living, quality construction, and lifestyle amenities aligned with evolving customer preferences.