Appointment of Mr. Amit Narain Ahuja as the Chief Risk Officer, designated as Senior Management Personnel (SMP).
PURVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Puravankara Ltd reported strong financial turnaround for FY2026. Standalone revenue grew to Rs 2,302.61 crore from Rs 917.50 crore in FY25, with net profit of Rs 70.35 crore compared to a loss of Rs 198.75 crore in FY25. Consolidated revenue was Rs 3,739.83 crore with net profit of Rs 56.75 crore versus loss of Rs 182.92 crore in prior year. The Board appointed Mr. Amit Narain Ahuja as Chief Risk Officer (CRO) and Senior Management Personnel effective May 4, 2026. The cost auditor M/s. GNV & Associates was reappointed for FY 2026-27. Total income for Q4 standalone was Rs 1,151.25 crore. Statutory auditors S.R. Batliboi & Associates LLP gave unmodified opinion on the financial statements.
The company has returned to profitability with strong revenue growth in FY2026, indicating improved operational performance. Appointment of a dedicated CRO enhances risk management oversight. The stock (BSE: 532891, NSE: PURVA) may see positive reaction given the turnaround from losses to profits.