Puravankara Limited has announced robust financial results for the quarter and year ended March 31, 2026, showing a significant turnaround in profitability. The company reported a consolidated revenue of ₹3,739.83 crore for the year. Additionally, the Board has reinforced its leadership team with the appointment of Mr. Amit Narain Ahuja as Chief Risk Officer, underscoring its commitment to operational excellence and risk management as it scales its real estate development portfolio.
Fiscal Year 2026 Financial Highlights
Puravankara Limited delivered a strong performance for the financial year ending March 31, 2026. The consolidated revenue from operations reached ₹3,739.83 crore, a significant increase compared to the previous fiscal year. The company achieved a consolidated net profit of ₹56.75 crore for the year, marking a successful recovery from the loss reported in the prior year. For the final quarter (Q4) ending March 31, 2026, the company recorded a revenue of ₹1,069.31 crore and a quarterly net profit of ₹109.95 crore.
Strategic Leadership Appointment
To further strengthen its governance and oversight framework, the Board of Directors has approved the appointment of Mr. Amit Narain Ahuja as the Chief Risk Officer, designated as a Senior Managerial Personnel, effective May 4, 2026. Mr. Ahuja brings over 26 years of extensive leadership experience in risk and control functions across international markets and prestigious financial institutions, including Wells Fargo and JP Morgan Chase.
Operational and Business Updates
During the fiscal year, the company’s wholly-owned subsidiaries successfully raised ₹1,017 crore through the private placement of non-convertible debentures. These funds are intended to support the company’s real estate development objectives. Puravankara continues to focus on its core business of real estate development, maintaining a single reportable business segment, and remains committed to transparent project execution despite ongoing legal proceedings related to land and joint development arrangements.
Source: BSE
