Puravankara Limited has submitted to the Exchange, the audited standalone and consolidated financial results along with the audit report for the quarter and financial year ended March 31, 2026.
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Puravankara Limited reported a strong turnaround in FY2026 with standalone revenue surging to Rs. 2,302.61 crore, up 151% from Rs. 917.50 crore in FY2025. The company swung from a net loss of Rs. 198.75 crore in FY2025 to a net profit of Rs. 70.35 crore in FY2026. Consolidated revenue stood at Rs. 3,739.83 crore vs Rs. 2,013.61 crore (86% growth), with consolidated net profit of Rs. 56.75 crore vs a loss of Rs. 182.92 crore in the prior year. Q4 standalone revenue was Rs. 1,118.73 crore with net profit of Rs. 110.92 crore. The statutory auditor S.R. Batliboi & Associates LLP issued an unmodified (clean) opinion. However, an Emphasis of Matter paragraph was included regarding ongoing legal proceedings — including income tax assessment orders (tax impact Rs. 28.84 crore from AY 2016-17 to AY 2024-25), a Benami property notice related to land parcels worth Rs. 13.20 crore, and property title disputes on deposits of Rs. 53.70 crore. No provisions have been made pending resolution.
The company returned to profitability with robust revenue growth, which is positive for shareholders. However, the Emphasis of Matter on ongoing tax disputes and legal proceedings adds regulatory risk that investors should monitor closely.