Puravankara Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
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Puravankara reported a strong sequential recovery in Q3 FY26 with standalone revenue from operations of Rs. 723.32 crore (up 116% QoQ, up 283% YoY) and a net profit of Rs. 63.79 crore, swinging from a loss of Rs. 36.21 crore in the previous quarter. Consolidated revenue came in at Rs. 1,069.31 crore with a net profit of Rs. 58.34 crore, also reversing the prior quarter's loss. For the nine-month period, consolidated revenue grew 52% YoY to Rs. 2,237.91 crore, though the company still reported a net loss of Rs. 53.20 crore, narrower than the Rs. 94.92 crore loss a year ago. The board also approved the re-appointment of Managing Director Ashish Ravi Puravankara for 5 years starting April 2026, and the merger of two wholly-owned subsidiaries IBID Home and Purva Woodworks. The auditor flagged an Emphasis of Matter regarding ongoing legal and income tax proceedings, with potential tax exposure rising sharply to Rs. 61.81 crore (consolidated) from Rs. 19.03 crore earlier.
The sharp Q3 turnaround on both top line and bottom line should be viewed positively, though high finance costs (Rs. 165 crore consolidated in Q3) and rising tax disputes remain concerns. Subsidiary debenture issuances of Rs. 577 crore suggest active fundraising to support growth, while the MD re-appointment provides leadership continuity for shareholders.