PURVA

- Results for Q1 - F.Y. 25-26

- Results for Q1 - F.Y. 25-26 1) Q1FY26 Financial Highlights: Total revenue stood at Rs 539 crore. Net loss for the period was Rs 69 crore. Collections: Rs 857 crore. 2) Business Highlights: Total area sold: 1.25 million square feet (msft). Total sales value: Rs 1,124 crore. Average sales realisation: Rs 8,988 per square foot (psft). 3) Ashish Puravankara, Managing Director, Puravankara, said: “This year marks our Golden Jubilee, and we are proud of the trust our customers have placed in us as well as the milestones we have achieved on this journey. In this quarter, we delivered a strong performance, with a 6% year-on-year increase in pre-sales, supported by healthy customer interest in our ongoing projects. Healthy collections for the quarter underscore the continued confidence that homebuyers have in our developments. 4) Ashish Puravankara, Managing Director, Puravankara, said:- Our handovers and sales were less than our expectations due to regulatory changes, including e-Khata and changes in byelaws. However, our team is confident of achieving the scheduled handover and launches. 5) Ashish Puravankara, Managing Director, Puravankara, said: - Our recent land acquisitions with an aggregate GDV potential of Rs 6,400 crore have further strengthened our growth pipeline. In Mumbai, redevelopment continues to gain traction, with our appointment as the preferred developer for eight housing societies in Chembur (GDV over Rs 2,100 crore). In the South, we have entered a JV for a 24.59-acre parcel near the airport in North Bengaluru (GDV over Rs 3,300 crore) and signed a JDA for a 5.5-acre parcel in Balegere, East Bengaluru (GDV over Rs 1,000 crore). These additions diversify our portfolio and position us strongly for sustained growth.” 6) Overall results are below expectations. 7) All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24