Audited Standalone and Consolidated Financial Results along with Statutory audit report of the Company for the quarter and financial year ended March 31, 2026.
PURVA · price
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Puravankara Ltd reported a strong turnaround for FY2026, with consolidated revenue rising 86% to Rs. 3,739.83 crore from Rs. 2,013.61 crore in FY2025. The company swung from a net loss of Rs. 182.92 crore in FY2025 to a net profit of Rs. 56.75 crore in FY2026. Standalone revenue more than doubled to Rs. 2,302.61 crore from Rs. 917.50 crore. Statutory auditors S.R. Batliboi & Associates LLP issued an unmodified (clean) opinion on both standalone and consolidated financial statements. The board also approved re-appointment of cost auditor M/s GNV & Associates for FY2026-27 and appointed Mr. Amit Narain Ahuja as Chief Risk Officer. Note 6 highlights ongoing legal proceedings including income tax assessment orders with potential tax impact of Rs. 28.84 crore (up from Rs. 12.04 crore) and a Benami property notice regarding land parcels worth Rs. 13.20 crore, with no provisions made against these. Subsidiaries raised Rs. 1,017 crore via listed NCDs.
The company returned to profitability after two consecutive loss-making years, a positive signal for shareholders. However, the unresolved tax liabilities of Rs. 28.84 crore and the Benami property notice could weigh on investor sentiment despite the clean audit opinion.