Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and half-year ended September 30, 2026 (Q2 FY26, H1 FY26)
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30, 33 of SEBI LODR Regulations
Date of Board Meeting / Approval: November 02, 2026 (commenced at 02:00 PM, concluded at 07:30 PM IST)
Audit Opinion: Unqualified (Limited Review) with Emphasis of Matter
Auditor’s Comment: Emphasis of Matter regarding ongoing legal proceedings related to property, income tax search, and other matters. Conclusion not modified.
Key Financial Highlights [Rs. in crore]
Standalone Results:
Revenue from Operations:
- Q2 FY26: Rs. 383.04 crore (vs. Q2 FY25: Rs. 334.40 crore; +14.5% YoY)
- H1 FY26: Rs. 894.96 crore (vs. H1 FY25: Rs. 460.56 crore; +94.3% YoY)
Total Income:
- Q2 FY26: Rs. 404.46 crore
- H1 FY26: Rs. 945.01 crore
Net Profit:
- Q2 FY26: Rs. 94.31 crore (vs. Q2 FY25: Net Loss of Rs. 36.21 crore)
- H1 FY26: Rs. 112.18 crore (vs. H1 FY25: Net Loss of Rs. 104.36 crore)
EPS (not annualized):
- Q2 FY26 Basic: Rs. 3.98; Diluted: Rs. 3.97
- H1 FY26 Basic: Rs. 4.73; Diluted: Rs. 4.72
Other Equity:
- As at 30.09.2026: Rs. 1,550.49 crore (vs. 31.03.2026: Rs. 1,438.52 crore)
Cash and Cash Equivalents:
- As at 30.09.2026: Rs. 491.16 crore (vs. 31.03.2026: Rs. 324.89 crore)
Debt:
Borrowings (Financial Liabilities):
- Non-Current: Rs. 98.91 crore (vs. 31.03.2026: Rs. 75.42 crore)
- Current: Rs. 2,200.99 crore (vs. 31.03.2026: Rs. 2,306.80 crore)
- Total Borrowings: Rs. 2,299.90 crore
Consolidated Results:
Revenue from Operations:
- Q2 FY26: Rs. 1,032.50 crore (vs. Q2 FY25: Rs. 644.20 crore; +60.3% YoY)
- H1 FY26: Rs. 1,881.22 crore (vs. H1 FY25: Rs. 1,168.60 crore; +61.0% YoY)
Total Income:
- Q2 FY26: Rs. 1,051.02 crore
- H1 FY26: Rs. 1,928.17 crore
Net Profit:
- Q2 FY26: Rs. 83.74 crore (vs. Q2 FY25: Net Loss of Rs. 42.99 crore)
- H1 FY26: Rs. 108.97 crore (vs. H1 FY25: Net Loss of Rs. 111.54 crore)
- Attribution: Owners of parent: Rs. 81.12 crore (Q2), Rs. 110.05 crore (H1); Non-controlling interests: Rs. 2.62 crore (Q2), Rs. (1.08) crore (H1)
EPS (not annualized):
- Q2 FY26 Basic: Rs. 3.42; Diluted: Rs. 3.41
- H1 FY26 Basic: Rs. 4.64; Diluted: Rs. 4.63
Other Equity attributable to owners of the parent:
- As at 30.09.2026: Rs. 1,778.24 crore (vs. Previous Year Audited: Rs. 1,668.99 crore)
Cash and Cash Equivalents:
- As at 30.09.2026: Rs. 916.52 crore (vs. 31.03.2026: Rs. 1,282.56 crore)
Debt (Borrowings - Financial Liabilities):
- Non-Current: Rs. 445.43 crore (vs. 31.03.2026: Rs. 301.88 crore)
- Current: Rs. 4,919.47 crore (vs. 31.03.2026: Rs. 5,270.03 crore)
- Total Borrowings: Rs. 5,364.90 crore
Segment-wise Performance:
The Company's and the Group's business activity falls within a single reportable segment, i.e., real estate development and related activity. Hence, no segment-wise breakdown is provided.
Corporate Actions:
Dividend: Not Specified
Share Split/Bonus/Buyback: Not Specified
Capital Raising:
- Wholly-owned subsidiary Purva Oak Private Limited issued 14,500 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures of Rs.100,000 each, aggregating to Rs. 145 crore by way of private placement, listed on BSE.
Other Significant Information:
Exceptional Items:
- Standalone: Gain of Rs. 144.99 crore in Q2 FY26 on sale of entire investment in subsidiary Purva Ruby Properties Private Limited for Rs. 145.00 crore.
- Consolidated: Gain of Rs. 148.83 crore in Q2 FY26 on loss of control upon disposal of subsidiary Purva Ruby Properties Private Limited (PRPPL).
Entities in Consolidation: The consolidated results include 41 entities: Puravankara Ltd, 38 subsidiaries, and 2 associates. The financial results of 31 subsidiaries and 2 associates were reviewed by other auditors.
Change in Consolidation: Purva Ruby Properties Private Limited was excluded from consolidation from September 29, 2026, onwards due to its disposal.