Puravankara reports 6% pre-sales growth despite INR 69cr loss

Puravankara reported pre-sales of INR 1,124 crores for Q1 FY26, marking 6% year-on-year growth, with sales volume at 1.25 million square feet. Average realization improved 9% to INR 8,988 per square feet.

Revenue reached INR 539 crores with 15% EBITDA margin, but the company posted a loss of INR 69 crores. Net debt stands at INR 2,825 crores against cash balance of INR 718 crores.

The company plans to deliver over 4,500 units this fiscal year, with 3,015 units completed and awaiting regulatory clearance for handover.