Puravankara Limited — Important, 11-07-2025: General Updates

Puravankara Limited has announced a board meeting on the financial results for the quarter and half-year. Q1FY26 pre-sales rose 6% YoY to Rs 1,124 Cr, driven by a 9% increase in price realization to Rs 8,988/sq ft. Customer collections stood at Rs 857 Cr. The company secured redevelopment rights for eight housing societies in Chembur, Mumbai, unlocking Rs 2,100 Cr GDV, and entered a joint development agreement for a 5.5-acre land parcel in East Bengaluru with Rs 1,000 Cr GDV potential. Commercial project completions of 2.2 million sq ft are on track this year.