Puravankara Limited — Important, 08-08-2025: General Updates

Puravankara announced its financial results for the quarter, reporting consolidated revenue of ₹524.40 Cr, a significant decline from ₹658.33 Cr year-over-year. The company posted a net loss of ₹68.55 Cr, a shift from ₹14.78 Cr profit in the same quarter last year. Operationally, the board approved exploring the sale of its entire stake in subsidiary Sobha Puravankara Aviation Private Limited. Separately, wholly-owned subsidiary Purva Oak Private Limited successfully raised ₹210 Cr through debenture issuance. The board also appointed Ms. Amanda Joy Puravankara as a Whole-time Director and re-approved other key directors.