Puravankara Limited has reported a strong financial turnaround for the fiscal year ended March 31, 2026, achieving a net profit of ₹70.35 crore compared to a loss in the previous year. Revenue from operations for the full year reached ₹2,302.61 crore. The board also announced key leadership changes, including the appointment of Mr. Amit Narain Ahuja as the new Chief Risk Officer, and confirmed the re-appointment of its cost auditor.
Financial Performance Highlights
The company demonstrated a robust performance in the quarter ended March 31, 2026, posting a net profit of ₹110.92 crore. This reflects a significant improvement compared to the corresponding quarter of the previous year. For the full financial year 2025-26, the company recorded a consolidated revenue from operations of ₹3,739.83 crore, showcasing its operational momentum in the real estate sector.
Strategic Leadership Appointments
As part of its organizational strengthening, the Board of Directors has approved the appointment of Mr. Amit Narain Ahuja as the Chief Risk Officer and Senior Managerial Personnel, effective May 4, 2026. Mr. Ahuja brings over 26 years of leadership experience in risk and control functions across international markets, having previously worked with prestigious institutions including Wells Fargo and JP Morgan Chase.
Corporate Governance and Auditor Updates
During the meeting, the board formally approved the re-appointment of M/s. GNV & Associates as the company’s Cost Auditor for the financial year 2026-27. This appointment remains subject to ratification by shareholders at the company’s upcoming Annual General Meeting. These steps underscore the company’s ongoing commitment to robust governance and financial oversight.
Source: BSE
