Prestige Estates Projects Limited reported group sales results for the second quarter and first half ended September 30, 2023. For the quarter, the group registered sales of INR 70,926 million, up by 102% year-over-year. Quarterly collections was INR 26,398 million, up by 1% year-over-year. The sales during this period is attributed to 6.84 million sft, up by 50% year-over-year. Volume with an average realization of INR 10,369 per sft, up by 29% year-over-year for Apartments /Villas and average realization of INR 6,753 per sft, up by 62% year-over-year for Plot Sales. The Group sold 3,659 units.

For the first half, the group registered sales of INR 1,10,073 million, up by 69% year-over-year. Collections was INR 53,806 million, up by 13% year-over-year. The sales during this period is attributed to 10.7 million sft, up by 30% year-over-year. Volume with an average realization of INR 10,338 per sft, up by 25% year-over-year for Apartments /Villas and average realization of INR 4,825 per sft, up by 17% year-over-year for Plot Sales. The Group sold 5,935 units.