Back
Corporate News
Puravankara Limited’s revenue from operations reached Rs 511.92 Crores for the quarter
14-Aug-2026, 05:57
Puravankara Limited reported revenue from operations of Rs 511.92 Crores for the quarter ended June 30, 2026, alongside a profit after tax of Rs 17.87 Crores and earnings per share of Rs 1.22. The company has entered into an agreement to sell its shareholding in Purva Ruby Properties Private Limited, pending regulatory approvals. Several ongoing legal proceedings involve deposits and advances of Rs 51.31 Crores related to land title, minority shareholder claims totaling Rs 35.00 Crores, and inventories valued at Rs 82.70 Crores. Additionally, receivables are subject to litigation, amounting to Rs 64.20 Crores and Rs 20.40 Crores, and the company is appealing income tax assessments with a potential impact of Rs 45.08 Crores. Management anticipates favorable outcomes in these proceedings and has not made any provisions in the financial results.
Puravankara Limited reported revenue from operations of Rs 511.92 Crores for the quarter ended June 30, 2026, alongside a profit after tax of Rs 17.87 Crores and earnings per share of Rs 1.22. The company has entered into an agreement to sell its shareholding in Purva Ruby Properties Private Limited, pending regulatory approvals. Several ongoing legal proceedings involve deposits and advances of Rs 51.31 Crores related to land title, minority shareholder claims totaling Rs 35.00 Crores, and inventories valued at Rs 82.70 Crores. Additionally, receivables are subject to litigation, amounting to Rs 64.20 Crores and Rs 20.40 Crores, and the company is appealing income tax assessments with a potential impact of Rs 45.08 Crores. Management anticipates favorable outcomes in these proceedings and has not made any provisions in the financial results.
