NEW DELHI: Puravankara has reported a net consolidated loss after tax of ₹42.99 crore for the quarter ending September 30, 2025, compared to a loss after tax of ₹17.06 crore for the same quarter last year, as stated in a filing to the BSE.
The company’s net consolidated total income for Q2 FY26 reached ₹662.73 crore, marking a 27.53% increase from ₹519.68 crore recorded in the same quarter of the previous year.
Ashish Puravankara, managing director, stated, “In Q2 FY26, we maintained strong growth, driven solely by sustainable sales, achieving pre-sales of ₹1,322 crore and collections of ₹1,047 crore, both reflecting year-on-year increases. In the first half of the year, we expanded our development pipeline by over 6.36 million sq. ft. with a potential estimated GDV of ₹9,100 crore, and are set to accelerate our launch pipeline of 12.67 million sq. ft. over the next three quarters.”
The board has confirmed the appointment of Niraj Kumar Gautam as the chief financial officer (CFO) and key managerial personnel, promoting him from deputy CFO effective September 24, 2025.
In Q2 FY26, the company achieved sales of ₹1,322 crore, up 4% year-on-year, on a sales volume of 1.5 million sq. ft. The average realization per sq. ft. increased by 7% to ₹8,814, with customer collections rising 8% year-on-year to ₹1,047 crore. The company delivered 663 units covering 0.67 million sq. ft., generating a total income of ₹663 crore.
The company’s net debt stands at ₹2,894 crore, providing a cover of over 5x. The weighted average cost of debt has decreased to 11.32% as of September 30, 2025, with a net debt-to-equity ratio of 1.77 for Q2 FY26.
