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Home Business Puravankara swings to Q4 earnings as profits leaps 173% on job handovers

Puravankara swings to Q4 earnings as profits leaps 173% on job handovers

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Bengaluru: Real estate designer Puravankara reported a sharp dive in fourth-quarter earnings and went back to benefit, assisted by greater task handovers and record sales reservations throughout the year.The Bengaluru-based business’s overall earnings increased 173% year-on-year to Rs 1,541 crore in the January to March quarter, from Rs 564 crore a year previously. Earnings for the duration stood at Rs 110 crore, compared to a loss of Rs 88 crore in the matching quarter in 2015.For the complete fiscal year ended March 2026, overall earnings increased 84% to Rs 3,846 crore from Rs 2,093 crore a year previously. The business reported an earnings of Rs 57 crore for FY26, versus a loss of Rs 183 crore in FY25.Puravankara stated handover velocity added to success throughout the quarter. Consumer collections increased 36% year-on-year to Rs 1,213 crore in Q4, while quarterly sales worth rose 190% to Rs 3,547 crore.The business taped its highest-ever yearly sales reservations of Rs 7,407 crore in FY26, up 55% from the previous year, driven by brand-new launches. Sales realisation enhanced 21% year-on-year to Rs 10,213 per square foot throughout FY26, while typical realisation in the March quarter increased 37% to Rs 11,787 per square foot.

Puravankara stated non-Bengaluru tasks now represent 52% of its continuous portfolio, with Mumbai and Pune together contributing 25% of its scheduled pipeline. The business presently has 36.69 million square feet of continuous location and a scheduled pipeline of 15.05 million square feet.

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