New Delhi, February 16 Real estate firm Puravankara Ltd has posted a consolidated net profit of Rs 58.34 crore in the third quarter of this fiscal, driven by increased income.
The company had reported a net loss of Rs 92.64 crore in the year-ago period.
Total income rose to Rs 1,104.06 crore in the October-December period of the 2025-26 fiscal, compared to Rs 334.20 crore in the corresponding period of the previous year, according to a recent regulatory filing.
Ashish Puravankara, Managing Director of Bengaluru-based Puravankara Ltd, 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 realizations and timely project deliveries have resulted in strong revenue growth and a significant recovery in profitability."
The company has completed 93 projects, totaling 56 million square feet, across nine cities – Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa. It has a total land bank of 38 million square feet and ongoing projects totaling 34 million square feet.
