Puravankara Ltd Reports Q2 2025 Financial Results and CFO Appointment
Filing Summary
Puravankara Ltd’s Board approved the unaudited financial results for Q2 and H1 2025, reporting a total income of INR 349 crore for the quarter. The company recorded a net loss of INR 36 crore for the quarter. The Board also appointed Mr. Niraj Kumar Gautam as the new Chief Financial Officer, effective September 24, 2025. The meeting, held on November 7, 2025, also included discussions on related party disclosures and ongoing legal proceedings. The financial results reflect the company’s continued focus on real estate development and related activities.
The Board of Directors of Puravankara Ltd convened on November 7, 2025, to approve the unaudited financial results for the quarter and half-year ended September 30, 2025. The meeting also included the appointment of Mr. Niraj Kumar Gautam as the Chief Financial Officer, effective September 24, 2025. The Board reviewed related party disclosures and ongoing legal proceedings. The meeting commenced at 02:15 P.M. and concluded at 04:35 P.M.
For the quarter ended September 30, 2025, Puravankara Ltd reported a total income of INR 349 crore, comprising INR 334 crore from operations and INR 15 crore from other income. Total expenses amounted to INR 397 crore, leading to a loss before tax of INR 48 crore. After accounting for a tax credit of INR 12 crore, the net loss for the quarter stood at INR 36 crore. The company also reported a total comprehensive loss of INR 36 crore for the period.
The operational scope for the period included significant real estate development activities. The company incurred a sub-contractor cost of INR 246 crore and a finance cost of INR 73 crore. Employee benefits expenses were recorded at INR 48 crore. The company also reported an increase in inventories, reflecting ongoing project developments.
The financial results cover the quarter and half-year ended September 30, 2025. The Board approved the financial statements following a review by the Audit Committee. The company is engaged in ongoing legal proceedings related to property and tax matters, which are disclosed in the financial statements. No provisions have been made for these proceedings, as management considers the claims to be recoverable.
Mr. Niraj Kumar Gautam has been appointed as the new Chief Financial Officer and Key Managerial Personnel. He was elevated from the position of Deputy-Chief Financial Officer. Mr. Gautam will also serve as the Nodal Officer for the company, responsible for compliance with the Investor Education and Protection Fund Authority rules.
The company operates primarily in the real estate development sector, with no significant foreign operations. The financial results reflect the company’s focus on this core business area. The company has also issued non-convertible debentures through its subsidiary, Purva Oak Private Limited, which are listed on the BSE.
Puravankara Ltd is a prominent player in the real estate development sector, focusing on residential and commercial projects. The company is committed to expanding its portfolio through strategic investments and partnerships. It continues to navigate legal and regulatory challenges while maintaining its focus on delivering quality real estate solutions.