5328912026-04-012026-06-305328912026-04-012026-06-30in-capmkt:OtherExpenses1Member5328912026-04-012026-06-30in-capmkt:OtherExpenses2Member5328912026-04-012026-06-30in-capmkt:OtherExpenses3Member5328912026-04-012026-06-30in-capmkt:OtherExpenses4Member5328912026-04-012026-06-30in-capmkt:OtherExpenses5Member5328912026-04-012026-06-30in-capmkt:OtherExpenses6Member5328912026-04-012026-06-30in-capmkt:OtherExpenses7Member5328912026-04-012026-06-30in-capmkt:OtherExpenses8Member5328912026-04-012026-06-30in-capmkt:OtherExpenses9Member5328912026-04-012026-06-30in-capmkt:OtherExpenses10Member5328912026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares532891PURVANOTLISTEDINE323I01011Puravankara LimitedMain BoardEquity2026-04-012027-03-312026-08-142026-08-07INRCroresQuarterlyFirst quarterSingle segmentConstruction and Development2026-08-1414:00:002026-08-1416:20:00Not applicable2026-04-012026-06-30UnauditedConsolidated848720000028430000087715000009626000007163300000-79615000008883000001789400000120700000554810000085109000002606000000260600000182400000-17450000079000000252700000000-400000252300000-800000251500000289300000-37000000288500000-37000000118580000051.221.22001.221.22The above consolidated financial results of Puravankara Limited ('the Company' or 'the Holding Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on 14.08.2026. The statutory auditors of the Company have carried out a limited review on the above consolidated financial results of the Company for the quarter ended 30.06.2026. <br /> The Group’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 Group is domiciled in India and does not have significant foreign operations. <br /> Certain entities in the Group are subject to ongoing legal proceedings in respect of the following matters as summarised below: (i) Deposits and advances of Rs.51.31 crore (March 31, 2026: Rs. 61.41 crore) towards joint development arrangements and land acquisitions which are subject to legal proceedings related to obtaining clear and marketable tittle for underlying properties. (ii) Claims from minority shareholders of a subsidiary of Rs.35.00 crore (March 31, 2026: Rs. 35.00 crore) towards adherence to project development terms. (iii) Inventories related to launched project of Rs.82.70 crore (March 31, 2026: Rs. 82.70 crore) under land acquisition proceedings by government authorities. (iv) Receivables from customers of Rs.64.20 crore (March 31, 2026: Rs. 58.20 crore) and other balances of Rs.20.40 crore (March 31, 2026: Rs. 17.60 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, receivables and other balances referred above are classified as good and recoverable in the accompanying consolidated financial results based on the legal evaluation by the management of the ultimate outcome of the legal proceedings. <br /> 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. Pursuant to the proceedings of the Income tax authorities (‘the authorities’), requisite information was provided by the Group to the authorities. The Company and such group companies have received assessment orders from the authorities disallowing certain expenses on the grounds that the same are not incurred for the purpose of business and other adjustments with potential tax impact of Rs. 45.08 crore from AY 2016-17 to AY 2024-25 (March 31, 2026: Rs.45.08 crore from AY 2016-17 to AY 2024-25). The Group is of the view that these expenses were incurred in the ordinary course of business towards its ongoing real estate development projects. The Group has filed appeal against such assessment orders and is reasonably confident of providing necessary supporting evidences to the authorities in support of allowance of such expenses. Further, the Company had received notice from the authorities under Prohibition of Benami Property Transactions Act, 1988 requiring the Company to submit response as to why Benami proceedings should not be initiated against the Company and why the Company should not be held as the Beneficial owner for the 43.5 acres of land parcels with carrying value of Rs. 13.20 crore (March 31, 2026: Rs. 13.20 crore). The Company has filed responses against such notice to the authorities. Pending resolution of the aforesaid legal proceedings, no provision has been made towards the consequential impact arising from such assessment orders/notices in the accompanying consolidated financial results, based on the legal evaluation by the management of the ultimate outcome of the legal proceedings. <br /> Figures for unaudited standalone financial results of the Company for the quarter ended 30.06.2026 are as follows <br /> Quarter ended 30.06.2026 [Unaudited] Preceding Quarter ended 31.03.2026 [Audited] (Refer note 5) Corresponding Quarter ended 30.06.2025 [Unaudited] Previous Year ended 31.03.2026 [Audited] <br /> Revenue from operations <br /> Profit/(loss) before tax <br /> Profit/(loss) after tax 511.92 <br /> 25.95 <br /> 17.87 1,118.73 <br /> 148.22 <br /> 110.92 126.16 <br /> (90.40) <br /> (68.15) 2,302.61 <br /> 96.36 <br /> 70.35 <br /> The Unaudited standalone financial results for the quarter ended 30.06.2026 can be viewed on the Company website https://www.puravankara.com and also be viewed on the website of National Stock Exchange of India Ltd. and BSE Ltd. <br /> The figures for the quarter ended 31.03.2026 are the balancing figures between audited figures in respect of the full financial year ended 31.03.2026 and the unaudited published year-to-date figures in respect of nine months ended 31.12.2025, being the date of the end of the third quarter of the respective financial year which were subjected to limited review. <br /> During the quarter ended June 30, 2026, the Company has entered into an arrangement to sell its shareholding in its subsidiary Purva Ruby Properties Private Limited. The said arrangement is subject to fulfilment of certain obligations by the Company including obtaining certain regulatory approval and the Company is in the process of complying with such obligations as at June 30, 2026. <br /> Sub contractor cost3686400000Rates and taxes604000000Legal and professional416000000Advertising and sales promotion255200000Repairs and maintenance135100000Security51100000Brokerage127600000Travel and conveyance38600000Power and fuel28600000Other Expenses205500000Items that will not be reclassified to profit and loss - Re-measurement gains/(losses) on defined benefit plans-1000000-1000000-2000000-800000