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Hot Pursuit News

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(08 Apr 2024, 16:37)

Prestige Estates sales jumps 21% YoY in Q4

Prestige Estates Projects said that its sales stood at Rs 4,707 crore in Q4 FY24, registering the growth of 21% YoY.


The company’s collections jumped 26% YoY to Rs 3,474 crore in Q4 FY24.

During the quarter, area sold increased by 3% YoY to 4.11 million square feet while the company sold 1,666 units in Q4.

The company completed 9 projects spanning 13.33 million square feet in Q4 FY24

During FY24, the company has achieved highest ever annual sales of Rs 21,040 crore (up 63% YoY) and received highest ever annual collections of Rs 11,954 crore (up 22% YoY).

During the year, the Group has achieved highest ever project launches of 40.19 million square feet, up 52% YoY.

On the execution front, the Group has completed 19 projects totaling of 25.55 million square feet in FY24.

Irfan Razack, chairman and managing director, Prestige Group, said: “We are happy to announce our strong achieve...

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