Puravankara's Q1 FY 2025-26 Quarterly Results

Result Summary

• Puravankara Ltd reported a 43.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 20.3%.
• Its expenses for the quarter were down by 33.3% QoQ and 3.9% YoY.
• The net profit increased 921.6% QoQ and decreased 563.8% YoY.
• The earnings per share (EPS) of Puravankara Ltd declined at 2.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Puravankara Ltd is a well-established real estate company in India, primarily engaged in the development of residential and commercial properties. The company has a significant presence in the southern part of India and is known for its quality construction and innovative design. Puravankara Ltd offers a range of products, including luxury and premium homes under the brand names 'Puravankara' and 'Provident Housing'. The company is part of the real estate industry, which has been experiencing both challenges and opportunities due to market dynamics and regulatory changes. Specific recent developments about Puravankara Ltd are not available in this report.

Revenue

For the first quarter of fiscal year 2026 (Q1FY26), Puravankara Ltd reported a total income of ₹538.64 crores. This marks a significant decrease of 43.1% compared to the previous quarter (Q4FY25), where the total income was ₹946.84 crores. Additionally, when compared year-over-year, there is a decline of 20.3% from the ₹675.55 crores reported in Q1FY25. This data indicates that the company experienced a reduction in revenue both on a quarterly and annual basis.

Profitability

In Q1FY26, Puravankara Ltd reported a loss in profit before tax (PBT) of ₹90.12 crores, a significant decline from the profit of ₹4.06 crores in Q4FY25. This represents a quarter-over-quarter decrease of 2319.7%. Year-over-year, the PBT decreased by 526.3% from ₹21.14 crores in Q1FY25. The tax credit for Q1FY26 stood at ₹21.53 crores, which contrasts with the tax paid of ₹9.37 crores in Q4FY25 and ₹6.74 crores in Q1FY25. The profit after tax (PAT) for Q1FY26 was a loss of ₹68.55 crores, compared to a loss of ₹6.71 crores in Q4FY25 and a profit of ₹14.78 crores in Q1FY25, resulting in a 921.6% increase in losses quarter-over-quarter and a 563.8% decline year-over-year.

Operating Metrics

The earnings per share (EPS) for Puravankara Ltd in Q1FY26 was a negative ₹2.90, compared to negative ₹0.30 in Q4FY25, reflecting an 866.7% quarter-over-quarter decrease in performance. Year-over-year, the EPS decreased by 583.3%, from ₹0.60 in Q1FY25. Total expenses for the quarter were ₹628.76 crores, a 33.3% decrease from ₹942.78 crores in Q4FY25, and a slight decrease of 3.9% from ₹654.41 crores in Q1FY25. The significant reductions in income and increases in losses are key trends in the current financial metrics.