Re-appointment of M/s GNV & Associates, Cost Accountants, as the Cost Auditor of the Company for the financial year 2026-27 subject to Shareholders ratification at ensuing AGM.
PURVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Puravankara Ltd reported strong FY2026 results with standalone revenue of Rs. 2,302.61 crore (up 151% YoY) and net profit of Rs. 70.35 crore, recovering from a net loss of Rs. 198.75 crore in FY2025. Consolidated revenue stood at Rs. 3,739.83 crore with net profit of Rs. 56.75 crore. The Board approved re-appointment of M/s GNV & Associates as Cost Auditor for FY2026-27 (subject to shareholder approval at AGM) and appointed Mr. Amit Narain Ahuja as Chief Risk Officer (effective May 4, 2026). Statutory auditors S.R. Batliboi & Associates LLP gave an unmodified opinion. Subsidiaries raised Rs. 1,017 crore via listed NCDs through private placement. Management highlighted ongoing legal proceedings with potential tax impact of Rs. 28.84 crore.
Strong turnaround from losses to profitability and robust revenue growth reflects operational recovery. No red flags on auditor appointments. Shareholders should note the cost auditor reappointment and new KMP appointment as routine governance items.