Prestige Estates Projects Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

Prestige Estates Projects has announced a board meeting on approving consolidated financial results for the quarter and year ended March 31, 2025. The group posted revenue of Rs. 7,736 Cr with a net profit of Rs. 617 Cr; EPS stood at Rs. 11.19. A final dividend of Rs. 1.80 per share is proposed. The company raised Rs. 5,000 Cr via QIP, with most proceeds already deployed. Its hospitality arm filed for an IPO aiming to raise Rs. 2,700 Cr. Prestige also plans to issue up to Rs. 2,000 Cr in NCDs and increased ownership in key subsidiaries, adding a 49% stake in WSI Falcon Infra Projects.