Puravankara surges after reporting turnaround Q1 performance
Mumbai, Aug. 17 -- Revenue from operations increased 61.85% year on year to Rs 848.72 crore in the quarter ended 30 June 2026. The company reported a pre-tax profit of Rs 26.02 crore, against a pre-tax loss of Rs 90.08 crore in the corresponding quarter of the previous year.
Pre-sales rose 28% year on year to Rs 1,439 crore in Q1 FY27, supported by sales of 1.36 million sq. ft. across 1,017 units. Average realisation increased 18% to Rs 10,589 per sq. ft., while customer collections rose 40% year on year to Rs 1,199 crore, marking the company's highest first-quarter collections in three years.
EBITDA margin improved to 25% in Q1 FY27 from 15% in Q1 FY26. During the quarter, Puravankara handed over 745 homes covering 0.94 million sq. ft....
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.