
Prestige Estates Projects Ltd.
1,665.00-9.1 (-0.54%)
3 Jul, 12:59 PM
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Economic Times
Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan Razack
Prestige Estates Projects Ltd holds Rs 65,000 crore in unrecognised revenue, driven by record bookings of Rs 30,024 crore for fiscal 2025-26, and is in discussions to shift from a completion-based revenue recognition method to a percentage of completion method. The company aims for sales bookings of Rs 35,000-36,000 crore in fiscal 2026-27 and has a launch pipeline of around Rs 58,000 crore for the current fiscal year.
28th Jun '26 9:27 am
Read full article on economictimes.indiatimes.com