Registers New Sales of Rs. 10,094 Mn for Q3 FY15 and ties up for 14 New Property Developments.

1. Prestige Estates Q3 FY15 Turnover at Rs. 6,453 Mn (up by 40%) & PAT at Rs.
995 Mn (up by 23%)
Registers New Sales of Rs. 10,094 Mn for Q3 FY15 and ties up for 14 New
Property Developments.
Bangalore, India, January 28th, 2015 -- Registers New Sales of Rs. 10,094 Mn for Q3 FY15 and
ties up for 14 New Property Developments.
Q3 FY15:
* Revenue at Rs. 6,453 Million, considering revenue from operations and other income, up by
40% as compared to the revenue for the corresponding quarter of previous year (Q3 FY14)
which stood at Rs. 4,600 Million.
* PAT at Rs. 995 Million, up by 23% as compared to the PAT for the corresponding quarter of
previous year (Q3 FY14) which stood at Rs. 807 Million
*The Company has sold 611 Residential units and 0.21 million square feet of Commercial Space,
aggregating to 1.55 million square feet amounting to Rs. 10,094 million of sales. (Of this,
Prestige share is: 532 units - 1.13 million square feet amounting to Rs. 7,594 Million of Sales.)
* Total collections for the quarter aggregated to Rs. 9,209 million. (Prestige share of collections
for the quarter aggregated to Rs. 7,561 million.)
For the Quarter ended 31 December 2014 (Q3):
Financial Highlights (Q3 FY15):
* Revenue at Rs. 6,453 Mn, considering revenue from operations and other income, up by 40%

2. as compared to the revenue for the corresponding quarter of previous year (Q3 FY14) which
stood at Rs.4,600 Mn.
* EBIDTA at Rs. 2,241 Mn, up by 39% as compared to the EBIDTA for the corresponding quarter
of previous year (Q3 FY14) which stood at Rs.1,614 Mn
* PAT at Rs.995 Mn, up by 23% as compared to the PAT for the corresponding quarter of
previous year (Q3 FY14) which stood at Rs.807 Mn
Operational Highlights (Q3 FY15):
New Sales:
* The Company has sold 611 Residential units and 0.21 million square feet of commercial space,
aggregating to 1.55 million square feet amounting to Rs. 10,094 million of sales. (Of this,
Prestige share is: 532 units -1.13 million square feet amounting to Rs. 7,594 Million of sales.)
* During the corresponding Q3 of previous year FY 13-14, the company had sold 1,204
Residential units and 0.03 million square feet of commercial space, aggregating to 2.08 million
square feet amounting to Rs.12,620 million of sales. (Prestige share of sales for Q3 FY13-14
were 904 units -1.55 million square feet amounting to Rs.9,402 Million of sales.)
Collections:
* Total collections for the quarter aggregated to Rs. 9,209 million. (Prestige share of collections
for the quarter aggregated to Rs. 7,561 million.)
* Total collections for Q3 FY 13-14 were Rs. 7,133 million and Prestige share of collections were
Rs. 5,923 million.
Completions:
* This quarter, the Company has completed one residential project in Bangalore aggregating to
0.66 Mnsft.
For the Nine months ended 31 December 2014 (9M FY15):
Financial Highlights (9M FY15):
* Revenue at Rs. 18,304 Mn, considering revenue from operations and other income, up by
23% as compared to the revenue for the corresponding 9 months of previous year (9M FY14)
which stood at Rs.14,933 Mn.
* EBIDTA at Rs. 6,097 Mn, up by 30% as compared to the EBIDTA for the corresponding 9
months of previous year (9M FY14) which stood at Rs.4,689 Mn
* PAT at Rs.3,004 Mn, up by 23% as compared to the PAT for the corresponding 9 months of
previous year (9M FY14) which stood at Rs.2,448 Mn

3. Operational Highlights (9M FY15):
Sales:
* The Company has for the nine months ended December 2014 sold 3,263 Residential units &
0.46 million square feet of Commercial space, totalling to 6.27 million square feet, amounting
to Rs.39,026 million of Sales, up by 10% as compared to the sales for the corresponding 9
months of previous year (9M FY15)
* Of the above, Prestige Estates share is 2,986 units totalling to 5.36 million square feet
amounting to Rs. 33,560 million of Sales, up by 11% as compared to Prestige Estates share of
sales for the corresponding 9 months of previous year (9M FY15)
* For the corresponding 9 months ending December 2013, the Company has sold 3,659 units
and 0.15 Mnsft of commercial space, totalling to 6.01 Mnsft, amounting to Rs.35,560 million of
Sales. Of this, Prestige Estates share of sales is 3,141 units and 0.15 Mnsft of commercial space,
totaling to 5.15 Mnsft amounting to Rs.30,316 million of Sales
Collections:
* Total collections for the nine months ended 31st December 2014 aggregated to Rs. 27,688
million up by 28% as compared to the total collections for the corresponding 9 months of
previous year (9M FY15). (Of this, Prestige Estates share is Rs. 23,269 million, up by 28%)
* Total collections for 9M FY 13-14 were Rs. 21,618 million and Prestige share of collections
were Rs. 18,195 million.
Launches:
* The Company has launched total 7.38 million square feet of developable area for the nine
months ended December 2014.
Commenting on this strong performance and growth, Mr. Irfan Razack, Chairman and Managing
Director, Prestige Estates Projects Limited, said “Things on ground are pretty robust and
positive. In fact, this quarter has been fantastic for us in terms of sales. We have clocked over
Rs.10,000 Mn of total new sales in spite of having no new launches during the quarter and
without having the need to advertise much. During the quarter we have also tied up for 14 new
property developments across the geographies and these projects, once launched will further
enhance our sales momentum and help us in taking our company to next level.”
Mr. Venkat K Narayana, Executive Director & CFO added to this saying that “The growth is
supported by collections in excess of Rs. 9,200 million during the quarter, excluding the rental
income. On the turnover front, there is sizeable un-booked revenue around Rs. 83,776 million
and with the execution of projects moving in line with the schedule, these revenues
consistently flow to the top line to sustain these numbers going forward and grow further.”
About the Company:

4. Prestige Estates, having a legacy spanning over 28 years, is one of South India’s leading Real
Estate Developers. It has 184 completed projects aggregating over 60.74 Mnsft of developable
Area to its credit and currently has 57 ongoing projects aggregating to 59.24 million square feet
of developable area and 43 upcoming projects aggregating to 44.11 million square feet of
developable area spanning across Residential, Commercial, Retail and Hospitality sectors in
major South Indian cities such as Bengaluru, Mysoru, Mangaluru, Chennai, Kochi, Hyderabad,
Ooty, Goa, etc. It is also currently one of the few CRISIL DA1 rated Developers in India. This
rating indicates the Company’s excellent ability to execute real estate projects as per specified
quality levels within stipulated time schedules and to transfer clean title.
Disclaimer:
Certain statements in this document may be forward-looking statements. Such forward-looking
statements are subject to certain risks and uncertainties like regulatory changes, local political
or economic developments, technological risks and many other factors that could cause our
actual results to differ materially from those contemplated. Prestige Estates Projects Limited
will not be in any way responsible for any action taken based on such statements and
undertakes no obligation to publicly update these forward-looking statements to reflect
subsequent events or circumstances.
For further information, please contact:
Mr. Venkat K. Narayana
Executive Director & CFO
Prestige Estates Projects Limited
The Falcon House
No.1, Main Guard Cross Road
Bangalore – 560 001
Phone: +91-80-25001280
Fax: +91-80-25591945
E-mail: venkatkn@prestigeconstructions.com
URL: http://www.prestigeconstructions.com