**Prestige Estates Q3 FY26 Market Brief** **Financial Performance Surge** Prestige Estates Projects Ltd has delivered a robust financial performance for the third quarter of FY26. The Bengaluru-based realty major reported a consolidated net profit of **₹244.7 crore**, marking an nearly **8-fold increase** from ₹32.2 crore in the same period last year. **Revenue Growth** Total income for the October-December quarter witnessed a sharp rise, climbing to **₹3,885.5 crore** from ₹1,697.9 crore in the corresponding quarter of the previous fiscal. This significant growth was primarily driven by higher income recognition and strong operational execution. **Operational Highlights** The company’s operational metrics remained strong with pre-sales for the quarter growing **39%** year-on-year to **₹4,184 crore**. Collections also saw a healthy uptick, rising **40%** to **₹4,547 crore**. For the first nine months of FY26, the firm achieved record sales bookings of **₹22,327 crore**, a massive **122%** jump compared to the previous year, already surpassing its full-year guidance. **Market Reaction** Following the results, Prestige Estates shares were trading around **₹1,430** on the NSE/BSE as of January 30, 2026. While the stock has seen some correction over the past month, the strong quarterly numbers have arrested the decline, showing marginal gains in intraday trade. **Outlook** The developer continues to expand its footprint with aggressive launches and completions. During the quarter, it launched **5.02 million sq ft** of new projects and completed **4.72 million sq ft**, signalling sustained momentum in both residential and commercial segments.