Unaudited Financial Results Standalone and Consolidated for the Quarter ended 31st December, 2025.
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Prime Property Development Corporation Limited reported its Q3 FY26 results (quarter ended Dec 31, 2025) approved by the Board on Feb 12, 2026. On a consolidated basis, Q3 revenue stood at around Rs 156 lakhs, down sharply from about Rs 285 lakhs in the year-ago quarter, a decline of roughly 45%. Consolidated profit after tax for the quarter was about Rs 94 lakhs versus Rs 166 lakhs in Q3 FY25. For the nine-month period, consolidated revenue came in near Rs 841 lakhs against Rs 985 lakhs last year, and PAT slipped to about Rs 207 lakhs from Rs 356 lakhs, a drop of roughly 42%. The wholly-owned subsidiary Sea King Club Pvt Ltd contributed a loss of about Rs 60 lakhs during the nine months. Statutory auditor Vora & Associates issued a clean limited review report with no qualifications, qualifications, or emphasis of matter for both standalone and consolidated statements.
Sharp year-on-year declines in both revenue and profit across the quarter and nine-month period are negative for shareholders and likely to weigh on sentiment, though the company remains profitable on both standalone and consolidated bases.