Puravankara Ltd. Surges Back to Profit with Robust Revenue Growth
Puravankara Ltd posted a net profit of Rs 58.34 crore in the third quarter of 2025-26, rebounding from a loss of Rs 92.64 crore the previous year, driven by strong income growth. The company's revenue increased significantly to Rs 1,104.06 crore due to improved realizations and timely project deliveries.
- Country:
- India
Bengaluru-based real estate company Puravankara Ltd reported a noteworthy turnaround with a consolidated net profit of Rs 58.34 crore for the third quarter of the fiscal year 2025-26. This marks a significant recovery from the net loss of Rs 92.64 crore reported in the same period the previous year.
The firm's total income surged to Rs 1,104.06 crore over the October-December quarter, compared to Rs 334.20 crore in the corresponding quarter of the previous year, as per their latest regulatory filing. The company's successful financial performance can be attributed to improved realizations and timely project completions, reflecting robust revenue growth.
Puravankara Ltd has completed 93 projects, totaling 56 million sq ft across major Indian cities, including Bengaluru, Chennai, and Mumbai. The company is currently managing a land bank of 38 million sq ft with ongoing projects covering 34 million sq ft, as it continues to strengthen its business momentum.
(With inputs from agencies.)
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