5328912025-04-012025-06-305328912025-04-012025-06-30in-capmkt:OtherExpenses1Member5328912025-04-012025-06-30in-capmkt:OtherExpenses2Member5328912025-04-012025-06-30in-capmkt:OtherExpenses3Member5328912025-04-012025-06-30in-capmkt:OtherExpenses4Member5328912025-04-012025-06-30in-capmkt:OtherExpenses5Member5328912025-04-012025-06-30in-capmkt:OtherExpenses6Member5328912025-04-012025-06-30in-capmkt:OtherExpenses7Member5328912025-04-012025-06-30in-capmkt:OtherExpenses8Member5328912025-04-012025-06-30in-capmkt:OtherExpenses9Member5328912025-04-012025-06-30in-capmkt:OtherExpenses10Memberiso4217:INRiso4217:INRxbrli:shares532891PURVANOTLISTEDINE323I01011Puravankara LimitedMain BoardEquity2025-04-012026-03-312025-08-082025-07-28INRCroresQuarterlyFirst quarterSingle segmentConstruction and Development2025-08-0814:15:002025-08-0817:15:00Not applicablefalsefalseThere are no defaults on account of loans and borrowings. Hence this disclosure is not applicable2025-04-012025-06-30UnauditedStandalone126160000012220000013838000002347000000-21481000004540000006835000003040000030333000002287800000-9040000000-9040000000-222500000-2225000000-6815000000000-681500000-6300000-68780000011858000005-2.87-2.8700-2.87-2.87The above standalone financial results of Puravankara Limited ('the Company') have been reviewed by the Audit Committee and approved by the Board of Directors ofthe Company at the meeting held on 08.08.2025. The statutory auditors of the Company have carried out a limited review on the above standalone financial results of the Company for the quarter ended 30.06.2025. During the quarter ended 30.06.2025, Purva Oak Private Limited, wholly-owned subsidiary of the Company has issued 21,000 listed, rated, redeemable, non convertible debentures aggregating to Rs. 210 crore. These debentures are listed on BSE on April 30, 2025. 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 The Company is subject to ongoing legal proceedings in respect of the following matters as summarised below: <BR> (i) Deposits and advances of Rs. 54.10 crore (March 31, 2025: Rs. 54.10 crore) towards joint development arrangements and land acquisitions which are subject to <BR> legal proceedings related to obtaining clear and marketable tittle for underlying properties. <BR> (ii) Inventories related to launched project of Rs.82.70 crore (March 31, 2025: Rs. 78.30) under land acquisition proceedings by government authorities. <BR> (iii) Other balances of Rs.6.20 crore (March 31, 2025: Rs. 6.20 crore) recoverable from joint development partners and other parties which are subject to litigations <BR> Pending resolution of the aforesaid legal proceedings, no provision has been made towards aforesaid claims and the deposits, advances, inventory and other balances <BR> referred above are classified as good and recoverable in the accompanying standalone financial results based on the legal evaluation by the management of the ultimate <BR> outcome of the legal proceedings.A 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. <BR> Pursuant to the proceedings of the Income tax authorities (‘the authorities’), requisite information was provided by the Company to the authorities. The Company has received assessment orders/show cause notices from the authorities disallowing certain expenses on the grounds that the same are not incurred for the purpose of business, with potential tax impact of Rs.14.75 crore from AY 2020-21 to AY 2023-24. The Company is of the view that these expenses have been incurred in the ordinary course of business towards its ongoing real estate development projects. The Company has filed appeal/responses against such assessment orders/show cause notices and is reasonably confident of providing necessary supporting evidences to the authorities in support of allowance of such expenses. Pending resolution of the aforesaid legal proceedings, no provision has been made towards the consequential impact arising from such assessment orders/show cause notices in the accompanying standalone financial results, based on the legal evaluation by the management of the ultimate outcome of the legal proceedings.During the quarter ended June 30, 2025, consequent to the investment into the capital of KVN Property Holdings LLP by Purva Blue Home Ventures Private Limited (a wholly owned subsidiary), KVN Property Holdings LLP has become a subsidiary of the Company. The figures for the quarter ended 31.03.2025 are the balancing figures between audited figures in respect of the full financial year ended 31.03.2025 and the unaudited published year-to-date figures in respect of nine months ended 31.12.2024, being the date of the end of the third quarter of the financial year ended 31.03.2025 which were subjected to limited review. During the quarter ended December 31, 2024, the Company had 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% share and control thereon 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. <BR> Sub-contract cost2453800000Advertising and sales promotion156100000Brokerage cost66700000Legal and professional136200000Rates and taxes95500000Repairs and maintenance48400000Security15200000Insurance12500000Travel and conveyance10700000Others382000008400000-2100000-6300000