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Puravankara LimitedUpdates, 08-08-2025: Press Release

08-08-2025 | 06:15 pm

Puravankara reported Q1FY26 revenue of Rs 539 Crores, with a net loss of Rs 69 Crores. Sales rose 6% YoY to Rs 1,124 Crores (1.25 msft), driven by a 9% rise in average realization to Rs 8,988 psft. Collections were strong at Rs 857 Crores. Despite regulatory delays impacting handovers, the company is on track for planned deliveries and launches. New land acquisitions add Rs 6,400 Crores potential GDV: Chembur redevelopment (Rs 2,100 Cr), North Bengaluru JV (Rs 3,300 Cr), and East Bengaluru JDA (Rs 1,000 Cr). Estimated total surplus exceeds Rs 15,427 Crores. Net debt is Rs 2,825 Crores, with reduced cost of debt.

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