Puravankara names new CFO amid Q2 loss; reports H1 results

Puravankara Limited reported a net loss of INR 36.21 crore for the quarter ended September 30, 2025, with total income at INR 349.23 crore. For the six months ended September 30, 2025, the company posted a net loss of INR 104.36 crore on a total income of INR 487.61 crore. Consolidated figures for the six months showed a net loss of INR 111.54 crore, with total consolidated income reaching INR 1,201.37 crore.

The board of directors approved the appointment of Niraj Kumar Gautam as the new chief financial officer (CFO) and key managerial personnel (KMP), effective September 24, 2025. Gautam brings over 23 years of experience in finance and will also serve as the nodal officer for investor education and protection.

The company also highlighted ongoing legal proceedings related to property, income tax search matters, and an additional stake acquisition in Pune Projects LLP, which resulted in a recognized loss of INR 33.33 crore disclosed under exceptional items.