Prozone Realty Limited has informed the Exchange regarding ''.
PROZONER · price
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Prozone Realty reported strong Q4 and FY26 results with EBITDA margin nearly doubling to 50.9% in Q4 (vs 24.2% in Q4 FY25) and 48.1% for full year FY26 (vs 32.2% in FY25). FY26 net profit turned positive at Rs 178.9 million from a loss of Rs 543.6 million in FY25. The company announced a strategic divestiture of its two operating mall assets (Ch Sambhaji Nagar and Coimbatore) for INR 1,242.5 Cr gross consideration, with proceeds targeted for acquiring premium projects in Mumbai Metropolitan Region. Both malls were operating at peak occupancy (94% and 96%). Residential development projects in Coimbatore, Nagpur, and Indore are progressing with combined sales value exceeding Rs 3.9 billion.
The massive margin expansion and return to profitability are positive signals, while the strategic mall sale unlocks capital for higher-value MMR projects, representing a significant pivot in business focus. Investors should monitor how proceeds are deployed in the coming quarters.