PRL_Audited financial results for the quarter and year ended 31.03.2026.
PROZONER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prozone Realty reported strong FY26 results with standalone net profit jumping 99% to Rs. 719.18 lakhs versus Rs. 360.87 lakhs in FY25, driven by higher other income (Rs. 1,827.91 lakhs vs Rs. 1,032.15 lakhs). Consolidated revenue grew 9% to Rs. 21,240.08 lakhs with profit before tax turning positive at Rs. 2,758.28 lakhs from a loss of Rs. 214.87 lakhs last year. The auditors issued unmodified opinions on both standalone and consolidated results. Key concerns highlighted include an MCA order rejecting re-appointment of the Deputy Managing Director, with Rs. 682 lakhs in remuneration requiring potential recovery action. A subsidiary (Hagwood) is contesting an airport NOC issue affecting construction at a Nagpur project with inventory value of Rs. 6,818.25 lakhs. The company acquired remaining stakes in subsidiaries for Rs. 305.58 crore and received board approval to sell its mall assets to Inorbit.
The company shows turnaround in profitability on consolidated basis, though standalone revenue was flat. The governance issue around director remuneration and the Nagpur NOC dispute represent contingent risks. The proposed sale of mall assets could be a major restructuring event if completed.