Puravankara Q2 FY26: revenue up but losses widen; new CFO named
PURVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.3 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved Q2 and H1 FY26 unaudited standalone and consolidated results. Standalone Q2 revenue rose to Rs 334.40 cr from Rs 275.37 cr YoY. Consolidated Q2 revenue grew to Rs 644.20 cr from Rs 495.54 cr, but consolidated net loss widened to Rs 42.99 cr from Rs 17.06 cr YoY. H1 FY26 consolidated net loss surged to Rs 111.54 cr from Rs 2.28 cr YoY. Mr. Niraj Kumar Gautam elevated from Deputy CFO to CFO. Auditor flagged ongoing legal, property and income tax proceedings.
Revenue grew but losses widened sharply YoY. Legal and tax matters remain flagged. CFO elevation is an internal change.