NEW DELHI: Puravankara announced a consolidated net profit after tax of ₹58.34 crore for the quarter ending December 31, 2025, according to a filing with the BSE. This contrasts with a loss after tax of ₹92.64 crore reported during the same quarter last year.
The company’s consolidated total income reached ₹1,104.06 crore in Q3 FY26, compared to ₹334.20 crore in the corresponding quarter of the previous fiscal year.
The board of directors has approved the re-appointment of Ashish Ravi Puravankara as managing director for a five-year term, effective from April 1, 2026, through March 31, 2031.
Additionally, the board has sanctioned the merger of IBID Home and Purva Woodworks, both wholly-owned subsidiaries of the company.
During the nine-month period ending December 31, 2025, the company’s wholly-owned subsidiaries issued debentures of ₹100,000 each, totaling ₹577 crore through private placement:
- Purva Oak issued 21,000 listed, rated, redeemable, transferable, non-convertible debentures totaling ₹210 crore.
- Varishtha Property Developers issued 700 listed, unsecured, rated, redeemable, zero-coupon, non-convertible debentures totaling ₹7 crore.
- Grand Hills Developments issued 36,000 listed, rated, redeemable, non-convertible debentures totaling ₹360 crore.
