Bengaluru-headquartered realty major Puravankara Ltd reported a profit after tax of ₹58.48 crore in the third quarter of FY26, up 162.2 per cent year-on-year (y-o-y). Total revenue for the quarter rose 231 per cent y-o-y to ₹1,104 crore. Customer collections increased 22 per cent y-o-y to ₹1,140 crore.
The company said the profit was supported by project completions and execution during the quarter. The result also reduced losses recorded in the first half of FY26.
For the first nine months of FY26, project revenue stood at ₹2,305 crore, up 51 per cent y-o-y. Customer collections rose 8 per cent y-o-y to ₹3,045 crore during the period. Operating cash inflows during the nine months stood at ₹3,504 crore, up 9 per cent y-o-y, which resulted in a cash operating surplus of ₹755 crore for the period.
Sales value during the third quarter rose 17 per cent y-o-y. For the nine-month period, sales volumes stood at 4.24 million square feet with sales value of ₹3,859 crore, up 9 per cent y-o-y.
The company handed over 1,116 homes covering 1.23 million square feet during the quarter. During the nine months, it handed over 2,446 homes aggregating 2.58 million square feet.
Ashish Puravankara, Managing Director, said, “The return to profitability in Q3 reflects the underlying strength of our business and the momentum we are building across execution, sales and cash flows”. Improved realisations and on-time project deliveries led to revenue growth and a recovery in profitability, he added.
During the first nine months of FY26, the company added over 12.7 million square feet of developable area. The additions carry an estimated gross development value of about ₹13,900 crore.
The MD stated that the expansion encompasses projects across Bengaluru and Mumbai. It plans to focus on launches, project delivery and cash flow generation.
Puravankara Group has completed 93 projects totalling about 56 million square feet across nine cities as of December 31, 2025. Ongoing projects total about 34 million square feet.
(With inputs from BL intern Tejaswini S)
Published on February 13, 2026
