Puravankara Reports Strong Q4 Performance with ₹110 Crore Profit
Puravankara logs Rs 110 crore net profit in fourth quarter

Image: Deccan Herald
Puravankara Limited, a Bengaluru-based real estate developer, achieved a net profit of ₹110 crore in the fourth quarter of FY26, a significant turnaround from a net loss of ₹88 crore in the same quarter last year. The company's revenue surged by 173% to ₹1,541 crore, driven by record sales and expansion efforts in Mumbai.
- 01Puravankara's revenue for Q4 FY26 was ₹1,541 crore, up from ₹564 crore in Q4 FY25.
- 02The company reported its highest-ever annual sales of ₹7,407 crore for FY26, marking a 55% year-over-year increase.
- 03Average realization per square foot increased by 21% to ₹10,213 on saleable area.
- 04Collections for FY26 rose by 15% to ₹4,258 crore compared to ₹3,711 crore in FY25.
- 05Managing Director Ashish Puravankara highlighted the quarter's performance as 'staggering' with a 37% increase in average realization.
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Puravankara Limited, headquartered in Bengaluru, has reported a remarkable turnaround in its financial performance for the fourth quarter of FY26, posting a net profit of ₹110 crore compared to a net loss of ₹88 crore in the same quarter last year. Revenue soared by 173%, reaching ₹1,541 crore, driven by robust sales and strategic expansion efforts in Mumbai, particularly through redevelopment projects in Malabar Hill and Chembur. The company achieved its highest-ever annual sales of ₹7,407 crore for FY26, reflecting a 55% increase from ₹4,783 crore in FY25. The sales volume also saw a significant rise, reaching 7.25 million square feet compared to 5.67 million square feet in the previous fiscal year. Average realization per square foot increased by 21%, standing at ₹10,213 on saleable area. Furthermore, collections for FY26 rose by 15%, totaling ₹4,258 crore, up from ₹3,711 crore in FY25. Managing Director Ashish Puravankara expressed optimism about the company's performance, emphasizing the substantial growth and strategic initiatives undertaken during this period.
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The strong financial performance indicates a positive trend in the real estate market, potentially benefiting homebuyers and investors in Bengaluru and Mumbai.
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