Puravankara Limited — Board Meeting, 14-02-2025: Outcome of Board Meeting

The Board of Directors of Puravankara Limited has announced a board meeting outcome that includes the approval of the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The consolidated revenue from operations stands at ₹1,472.04 crore, with a net loss of ₹94.92 crore in this period. Notably, the company acquired an additional 36.26% stake in Pune Projects LLP, leading to its classification as a subsidiary. This acquisition resulted in an exceptional loss of ₹33.33 crore due to a revised profit-sharing ratio.