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Puravankara will launch the residential project Purva Cityspire Phases 1, 2 and 3 in Ernakulam on 15 November 2026. The project is RERA-registered and is being developed by two wholly owned subsidiaries.
Puravankara delivered record sales growth and debt reduction, though margins face short-term pressure from front-loaded marketing and approval costs.
Puravankara's Q2FY27 revenue rose 59% to ₹1,051 crore and PAT reached ₹82 crore. The press release also covers sales, handovers and new land and project additions.
Q2 FY27 total income ₹1,051 Cr (+59% YoY), PAT ₹82 Cr vs ₹-42 Cr loss; Q2 sales value ₹2,136 Cr (+62%). Pivot to redevelopment and Delhi-NCR expansion.
Puravankara Ltd reported revenue from operations of ₹1,032 Cr (+60.3% YoY) and net profit of ₹83.7 Cr for Q2 FY27.
Puravankara will hold a board meeting on 2 November 2026 to consider unaudited quarter and half-year results. The trading window stays closed until 4 November 2026.
Puravankara Limited has incorporated a wholly-owned subsidiary, Burgundyprime Realty Private Limited, by subscribing to 9,999 equity shares for Rs. 0.01 Crore.