Puravankara clocks revenue of Rs 663 Crores in Q2 FY26, up by 28% YoY

Puravankara Limited (NSE: PURVA | BSE:532891), one of India's most trusted real estate developers, announced its financial results for the second quarter ending September 30, 2025, and H1FY26.

In Q2FY26, the company recorded sales of Rs 1,322 crores, up 4% year-on-year, on sales volume of 1.5 million sq. ft. Average realisation rose 7% to Rs 8,814 per sq. ft, while customer collections for the quarter grew 8% year-on-year to Rs 1,047 crores. The company reported total revenue of Rs 663 crores (up by 28%) and net loss of Rs 42 crores for the quarter.

Sharing insights on the company's performance, Ashish Puravankara, Managing Director, Puravankara Limited, said, "In Q2FY26, we sustained strong growth momentum driven entirely by sustenance sales, achieving pre-sales of Rs 1,322 crores and collections of Rs 1,047 crores, both increasing year on year. In the first half of the year, we strengthened our development pipeline by adding over 6.36 million sq. ft. of potential developable area with an estimated GDV of Rs 9,100 crore. This includes two marquee redevelopment projects in Mumbai at Chembur and Malabar Hill, and strategic partnerships in North and East Bengaluru, reflecting our focus on expanding in high-demand micro-markets through disciplined capital allocation.

With regulatory clarity now in place following the recent bye-law revisions, we are poised to accelerate our launch pipeline of 12.67 million sq. ft over the next 3 quarters, including a landmark project in Bengaluru spanning 3.48 million sq. ft at KIADB Hardware Park and a redevelopment project in Andheri Lokhandwala, both scheduled for launch in January 2026. Most of our upcoming projects are in the final stages of approval, positioning us well to deliver on our growth plans. While handovers and sales in the first half were marginally impacted by regulatory transitions such as e-Khata implementation and bye-law changes, we remain confident of achieving our targeted handovers in the next two quarters through focused execution and strong operational preparedness."

Shares of Puravankara Limited was last trading in BSE at Rs. 255.95 as compared to the previous close of Rs. 259.55. The total number of shares traded during the day was 1646 in over 85 trades.

The stock hit an intraday high of Rs. 262.50 and intraday low of 255.30. The net turnover during the day was Rs. 422739.00.

Source : Equity Bulls

Keywords

Puravankara INE323I01011 Realty Q2FY26 H1FY26 ResultUpdate