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Puravankara delivered record sales growth and debt reduction, though margins face short-term pressure from front-loaded marketing and approval costs.
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 turned profitable in Q1FY27, driven by strong collections and strategic land acquisitions in Bengaluru. Management remains optimistic, focusing on aggressive project launches to sustain pre-sales momentum.
Puravankara Limited reported a profitable Q1 FY27 with total revenue of ₹877 Cr (up 63% Y-o-Y) and PAT of ₹25 Cr. The company is pivoting towards redevelopment in Mumbai and scaling Bengaluru presence.