Prozone Realty Q4 FY26: Peak Malls, Profit Turnaround, and a Rs 1,242.5 crore Pivot

FY26 total income from operations was Rs 1,952.2 million (195.22 crore), up from Rs 1,787.3 million (178.73 crore) in FY25, as per the consolidated income statement in the presentation.

FY26 profit after tax was Rs 178.92 million (17.892 crore) versus a loss of Rs 543.59 million (54.359 crore) in FY25. FY26 EBITDA was Rs 939.0 million (93.90 crore) versus Rs 576.2 million (57.62 crore) in FY25.

The corporate announcement states an aggregate gross consideration of up to approximately Rs 1,242.50 crore for sale of identified subsidiaries to Inorbit Malls (India) Private Limited or its affiliates, subject to adjustments for other assets and liabilities on closing and excluding applicable taxes.

The approved special resolution covers disinvestment of the company’s direct and/or indirect entire shareholding in Kruti Realtors and Developers Private Limited, Alliance Mall Developers Co. Pvt. Ltd., and Empire Mall Private Limited.

The resolution defines land assets to be transferred into SPVs and retained: in Empire, a vacant balance land parcel of about 26,047.39 sq m (6.4 acres); in Alliance, the ongoing residential project of 540 units with club house and land for future development over 39,753.50 sq m (9.82 acres).

The presentation states Coimbatore Mall occupancy reached 96 percent in Q4 FY26. Ch Sambhaji Nagar Mall occupancy reached 94 percent in Q4 FY26 excluding the lower ground floor area.