Prestige Estates and Sobha Report Mixed Q3 FY26 Results with Strong Sales Growth

Prestige Estates Projects reported a 39% year-on-year rise in Q3 FY26 pre-sales to Rs 4,183.6 crore and a 40% increase in collections to Rs 4,547.5 crore, driven by diversified geographic sales and strong retail performance. Meanwhile, Sobha Limited saw a 22% revenue decline and net profit drop to Rs 15.42 crore in the same quarter due to occupancy certificate delays, despite achieving record sales of Rs 2,115 crore and expanding into Mumbai. Both companies highlight robust sales amid operational challenges and growth plans.