StockWatch
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Residential- Commercial Projects
Quarterly Updates13 Oct 2026, 11:22 am

Puravankara Q2 Pre-sales up 62% YoY to ₹2,136 Crore

AI Summary

Puravankara Limited reported a strong operational performance for the quarter ended September 30, 2026. Pre-sales surged 62% year-on-year to ₹2,136 crore, up from ₹1,322 crore in Q2FY26. Customer collections also saw a significant increase of 24% YoY, reaching ₹1,301 crore. Sales area grew by 22% YoY to 1.83 million square feet, with average price realization improving by 32% YoY to ₹11,651 per sq. ft. The company added 6.51 million square feet of developable area with an estimated Gross Development Value (GDV) of ₹8,900 crore in Q2FY27, contributing to a total H1FY27 pipeline addition of ₹14,100 crore GDV. Additionally, Puravankara completed the sale of its commercial property, Purva Zentech, for an enterprise value of ₹625.94 crore.

Key Highlights

  • Q2 FY27 pre-sales increased 62% YoY to ₹2,136 crore.
  • Customer collections grew 24% YoY to ₹1,301 crore.
  • Average price realization improved 32% YoY to ₹11,651 per sq. ft.
  • Added ₹8,900 crore GDV pipeline in Q2 FY27.
  • Completed sale of Purva Zentech for ₹625.94 crore.