PURVA2024-10-012024-12-31 PURVA2024-10-012024-12-31 PURVA2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member PURVA2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member PURVA2024-10-012024-12-31in-bse-fin:OneOperatingExpenses03Member PURVA2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member PURVA2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member PURVA2024-10-012024-12-31in-bse-fin:FourOperatingExpenses03Member PURVA2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532891 PURVA NOTLISTED Puravankara Limited Equity 2024-04-01 2025-03-31 2025-02-14 2025-02-07 INR Crores Third quarter 14:30:00 16:00:00 2025-02-14 2025-02-14 Not applicable Single segment Construction and Development 2024-10-01 2024-12-31 Unaudited Standalone 1890600000.00 129300000.00 2019900000.00 246600000.00 0.00 -1834800000.00 457900000.00 657000000.00 32500000.00 3107500000.00 2666700000.00 -646800000.00 -333300000.00 -980100000.00 -31300000.00 -123900000.00 -155200000.00 0.00 -824900000.00 0.00 0.00 0.00 0.00 -824900000.00 -9000000.00 -833900000.00 0.00 0.00 1185800000.00 5 -3.48 -3.46 0.00 0.00 -3.48 -3.46 The above standalone financial results of Puravankara Limited ('the Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on 14.02.2025. The statutory auditors of the Company have carried out a limited review on the above standalone financial results of the Company for the quarter and nine months ended 31.12.2024. During the nine months ended 31.12.2024, the following wholly-owned subsidiaries of the Company have issued debentures of Rs.100,000 each, aggregating to Rs.494 crore by way of private placement, which are listed on BSE Limited ('BSE') : Grand Hills Developers Private Limited, wholly-owned subsidiary of the Company has issued 25,500 listed, secured, rated, redeemable, non-convertible debentures aggregating to Rs. 255 crore. These debentures are listed on BSE on July 02, 2024Purva Oak Private Limited wholly-owned subsidiary of the Company has issued 22,000 listed, secured, rated, redeemable, non-convertible debentures aggregating to Rs. 220 crore. These debentures are listed on BSE on July 23, 2024. Varishtha Property Developers Private Limited wholly-owned subsidiary of the Company has issued 1,900 listed, unsecured, rated, redeemable, non-convertible debentures aggregating to Rs. 19 crore. These debentures are listed on BSE on November 19, 2024. The Company’s business activity falls within a single reportable segment, i.e., real estate development and related activity. Hence, there are no additional disclosures to be provided under Ind-AS 108 – Operating Segments with respect to the single reportable segment. Further, the Company is domiciled in India and does not have significant foreign operations. Single segment 2024-04-01 2024-12-31 Unaudited Standalone 7622900000.00 543900000.00 8166800000.00 502300000.00 0.00 -3166100000.00 1307300000.00 1848700000.00 92500000.00 8750600000.00 9335300000.00 -1168500000.00 -333300000.00 -1501800000.00 170200000.00 -443400000.00 -273200000.00 0.00 -1228600000.00 0.00 0.00 0.00 0.00 -1228600000.00 -27000000.00 -1255600000.00 0.00 0.00 1185800000.00 5 -5.19 -5.15 0.00 0.00 -5.19 -5.15 Land cost 866700000.00 Other Expenses 764000000.00 Sub contract cost 1476800000.00 Land cost 2046300000.00 Other Expenses 2026100000.00 Sub contract cost 4678200000.00 The Company is subject to ongoing legal proceedings in respect of certain matters as summarised below. Deposits and advances of Rs. 45.50 crore (March 31, 2024: Rs. 45.50 crore) towards joint development arrangements and land acquisitions which are subject to legal proceedings related to obtaining clear and marketable tittle for underlying properties. Inventories related to launched project of Rs.78.30 crore (March 31, 2024: Rs. Nil) under land acquisition proceedings by government authorities. Other balances of Rs.6.20 crore (March 31, 2024: Rs. 6.20 crore) recoverable from joint development partners and other parties which are subject to litigations. Pending resolution of the aforesaid legal proceedings, no provision has been made towards aforesaid claims and the deposits, advances, inventory and other balances referred above are classified as good and recoverable in the accompanying financial results based on the legal evaluation by the management of the ultimate outcome of the legal proceedingsA search under section 132 of the Income Tax Act (‘the Act’) was conducted in October 2023 in case of the Company, certain group companies and its promoters. Pursuant to the communications received from the Income tax authorities by the Company, requisite information has been provided to the authorities. As on the date of the financial results, the Company, such group companies and its promoters have not received any demand or show cause notice from the authorities pursuant to such search proceedings. Based on the legal evaluation by the management, the Group has complied with the requirements of the Act and does not expect any further liability on final assessment of the aforesaid matterDuring the quarter ended December 31, 2024, the Company has acquired an additional stake of 36.26% in an existing joint venture entity - Pune Projects LLP ('PPL') from another partner for a consideration of Rs.35.00 crore. Pursuant to the said acquisition, the Company holds 68.26% stake in PPL, thereby PPL has become a subsidiary of the Company from December 31, 2024. Further, the partners of PPL have agreed to revise their profit sharing ratio, which has resulted in recognition of additional share of loss of Rs.33.33 crore by the Company and the same has been disclosed under Exceptional items. -12000000.00 -36000000.00 -3000000.00 -9000000.00