Realty company Prestige Estates Projects announced Q3FY25 results Financial Highlights: During Q3FY25, the company recognized revenue of Rs 16,979 million, impacted by no completions during Q3FY25, resulting in lower number of handovers EBITDA for Q3FY25 stood at Rs 6,335 million, reflecting a margin of 37.31%. PAT came in at Rs 322 million for Q3FY25. The company also recognized a mark-to-market loss of Rs 584 million on its holdings in REIT units during Q3FY25 (as against a gain of Rs 801 million recognised during Q3FY24). Operational Highlights: Prestige Group achieved sales of Rs 30,135 million in Q3FY25, with a total area of 2.23 million sq. ft. sold across 888 units. The company maintained strong pricing, with an average realization of Rs 13,684 per sq. ft., and recorded healthy collections of Rs 32,575 million during Q3FY25. Irfan Razack, Chairman and Managing Director, Prestige Group, said: “It was a modest quarter, with no launches and limited handovers due to local bottlenecks regarding e-khata. Despite this, we achieved Rs 3,000+ crores in sustenance sales, demonstrating the strength of our brand and product portfolio. We are optimistic about the upcoming launches. Several of our large projects are in the final stages of approval and are expected to be launched in the next few weeks. These high-velocity projects, located across prime geographies, should drive significant sales volumes and help us regain momentum.” Result PDF