Puravankara shares zoomed 16.8% on BSE, logging an intra-day high at ₹249.4 per share following the release of Q4FY26 results after market hours on Monday. However, at 9:19 AM, the stock pared some gains and was trading up 15.22% at ₹246 per share. The buying momentum came after the company reported a significant turnaround in its financial performance for the March quarter.
In the March quarter (Q4FY26), Puravankara reported a net profit of ₹110 crore, marking a complete turnaround from a net loss of ₹88 crore recorded in the same period last year. This represents a dramatic improvement in the company's operational performance and financial health during the quarter. The company also demonstrated strong full-year performance, returning to profitability with a PAT of ₹58 crore for FY26.
The company's revenue from operations stood at ₹1,502 crore, representing a substantial 177% year-on-year increase from ₹542 crore in Q4FY25. Total income for the quarter reached ₹1,541 crore, compared to ₹564 crore in the corresponding period last year. Total expenses were recorded at ₹1,396 crore, up from ₹674 crore year-on-year, indicating the company's expansion activities. For the full year, total income surged to ₹1,104.06 crore, driven by improved realisations and timely project deliveries.
According to the company filing, Q4FY25 sales stood at ₹1,225 crore, showing a 190% year-on-year increase. Q4FY25 collection stood at ₹892 crore, reflecting a 36% increase compared to the same period last year. The company's sales volume for Q4FY26 stood at 1.63 million square feet with a robust collection of ₹941 crore. For the full year, the company sold 4 million square feet with a sales value of ₹3,107 crore, with sales realization coming in at ₹7,768 per square foot, up 14%.
Puravankara is a real estate developer founded in 1975 and headquartered in Bengaluru. The company operates through three distinct brands catering to different market segments. The flagship Puravankara brand focuses on luxury and premium residential projects, while Provident Housing Limited addresses the mid-income housing segment. Starworth Infrastructure and Construction Limited provides technology-enabled construction solutions, and the group has delivered projects across major Indian cities including Bengaluru, Chennai, Hyderabad, Mumbai, Pune, and Kochi.
