Puravankara

Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 83.74 crore for the quarter ended September on higher revenue. Bengaluru-based Puravankara Ltd had posted a net loss of Rs 42.99 crore in the year-ago period. Total income rose to Rs 1,051.02 crore in the second quarter of this fiscal, from Rs 662.73 crore in the corresponding period of the preceding year, according to a regulatory filing. During the first half of this fiscal, the company posted a net profit of Rs 107.24 crore as against a net loss of Rs 111.42 crore in the year-ago period. Total income surged to Rs 1,928.17 crore in the April-September period of 2026-27 fiscal from Rs 1,201.37 crore in the corresponding period of the preceding year. Ashish Puravankara, Managing Director, Puravankara, said, "Our Q2, FY27 performance reflects the progress we are making in converting execution into revenue and earnings. Higher handovers, sustained sales and stronger realisations supported the quarter's growth, .

Realty firm Puravankara Ltd on Tuesday reported a 62 per cent annual growth in its sales bookings to Rs 2,136 crore during the September quarter on better demand for its residential properties. In a regulatory filing, the company said its pre-sales rose to Rs 2,136 crore in the second quarter of this fiscal from Rs 1,322 crore in the year-ago period. Sales area for the second quarter stood at 1.83 million square feet, up 22 per cent annually. Average price realisation increased 32 per cent annually to Rs 11,651 per square foot. During the September quarter, Puravankara handed over 977 homes totalling 0.97 million sq ft, to customers. In the first six months of this fiscal, the company has handed over 1,722 homes spanning 1.92 million sq ft. Ashish Puravankara, the company's Managing Director, said, "Our focus is on scaling the business while maintaining discipline in pricing, capital deployment and execution." The performance supports the company's strategy of investing in ...

The 13.44-acre parcel has 4.57 million sq ft of saleable potential and an estimated GDV of Rs 5,200 crore, marking the developer's first foray into Delhi-NCR

Spread across 4.68 acres in Goregaon West, the project has a developable potential of about 1.05 million sq ft and marks Puravankara's eighth Mumbai redevelopment.

The 7.83-acre project near Electronic City will have about 0.89 million sq ft of saleable area and is Puravankara's fifth Bengaluru land transaction in FY27

Puravankara's revenue from operations rose 61.84 per cent Y-o-Y to Rs 848.72 crore, while its Ebitda margin expanded to 25 per cent from 15 per cent a year ago

The Bengaluru-based real estate developer reported a 40 per cent rise in collections and an 18 per cent increase in average price realisation, while reaffirming its FY27 sales guidance

Realty firm Puravankara on Monday reported a 28 per cent growth in sales bookings to Rs 1,439 crore for the first quarter of this fiscal on better volumes as well as average price realisation. In a regulatory filing, the Bengaluru-based firm shared its operational update for the April-June period of the 2026-27 fiscal. The collection of funds from customers rose 40 per cent year-on-year (YoY) to Rs 1,199 crore. In volume terms, sales area rose 9 per cent to 1.36 million square feet. The average price realisation increased 18 per cent year-on-year to Rs 10,589 per sq ft. During the June quarter, Puravankara handed over 0.94 million sq ft, delivering 745 homes. "With this strong start to the year, we remain firmly on track to achieve our 202627 sales guidance of Rs 11,200 crore across the Southern and Western regions, and we are confident of building on this momentum through the remainder of the year," said Ashish Puravankara, Managing Director of Puravankara Ltd. As of March 31, 2

Realty firm Puravankara has partnered with a landowner to develop a 6.4-acre housing project in Bengaluru with an estimated revenue potential of Rs 1,000 crore. In a regulatory filing on Monday, the company said it has entered into a joint development agreement (JDA) for a 6.4-acre land parcel in Sarjapur, Bengaluru. The company will develop a housing project on this land parcel with a saleable area of 0.8 million sq ft and an estimated revenue potential of Rs 1,000 crore, it added. Bengaluru-based Puravankara Ltd did not name the landowner and also did not disclose the terms of the JDA. Under the JDA, real estate developers share revenue or profit with landowners. Sometimes, they offer completed housing units with landowners. Of late, real estate players are acquiring land through the JDA route as well as it involves less capital expenditure compared to outright purchase of land parcels. As of March 31, 2026, Puravankara has completed 95 projects totalling 57 million sq ft acros

Puravankara plans to invest up to Rs 2,000 crore in FY27 as it expands launches across southern India and Mumbai amid stable housing demand

Realty firm Puravankara Ltd has reported a consolidated net profit of Rs 109.95 crore in the March quarter on better income. The company had posted a net loss of Rs 88 crore in the year-ago period. Total income more than doubled to Rs 1,540.99 crore during the January-March period of 2025-26 from Rs 563.70 crore in the corresponding period of the preceding year, according to a regulatory filing on Monday. During the 2025-26, Puravankara Ltd net profit stood at Rs 56.75 crore as against a net loss of 182.92 crore in the preceding year. Total income increased to Rs 3,846.42 crore last fiscal from Rs 2,093.13 crore in the preceding year. As of March 31, Puravankara has completed 95 projects totalling 57 million sq ft across nine cities: Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. The company's total land bank is 40 million sq ft and ongoing projects add up to 36.69 million sq ft.

In the March quarter (Q4FY26), Purvankara reported a net profit of ₹110 crore, as compared to a net loss of ₹88 crore a year ago

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Puravankara has signed a joint development agreement for a 4-acre land parcel on Hennur Road, Bengaluru, adding a project with an estimated GDV of over ₹1,300 crore to its growth pipeline

The 356-unit project in Hebbagodi, Electronic City, features large-format 3-5 BHK homes, a 17,700 sq ft clubhouse and over 45 lifestyle amenities across an elevated podium

The Bengaluru-based developer said it added 12.76 million sq ft of developable area in the first nine months of FY26 with a GDV of about Rs 13,900 crore, while collections rose 22% in Q3

In Q3, according to the filing, the company expanded its portfolio with ₹13,900 crore gross development value (GDV) in acquisitions in Q3FY26 and 9MFY26

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Realty firm Puravankara Ltd has given on lease around 1.2 lakh sq ft retail space to Swedish furniture retailer IKEA in Bengaluru. In a regulatory filing on Monday, the company informed that it has signed an Agreement to Lease (ATL) with IKEA India for leasing of two floors of retail space at the Purva Zentech Park, located on Kanakapura Road, Bengaluru. The project is a mixed-use commercial development with about 9.6 lakh square feet of leasable and saleable area. The project is currently under construction and is slated for completion by early 2026. IKEA India will occupy retail space of more than 1.2 lakh square feet of leasable area across two floors, it said. Real estate consultant Colliers' office services team was the advisor on this transaction. As of September 30, 2025, Puravankara has completed 93 projects totalling 55 million sq ft across nine citiesBengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

At 10:45 AM, Puravankara share was trading 2.08 per cent higher at ₹292.25. In comparison, BSE Sensex was trading 0.42 per cent higher at 80,704.82 levels.