The shares of the prominent infrastructure company gained up to 7.4 percent in today’s trading session after the company bagged a prestigious work order from TRU Dwellings Private Limited worth Rs 272 crore.
With a market capitalization of Rs 6,928.33 crore, the shares of Puravankara Ltd were trading at Rs 292.15 per share, decreasing around 4.26 percent as compared to the previous closing price of Rs 280.20 apiece.
The shares of Puravankara Ltd have seen positive movement after bagging a prestigious work order from TRU Dwellings Private Limited worth Rs 272 crore for Civil and Finishes Works for the proposed Residential Apartment at “TRU AQUAPOLIS” in Varthur, Bengaluru.
Looking forward to the company’s financial performance, revenue decreased by 41 percent from Rs 920 crore in Q4FY24 to Rs 542 crore in Q4FY25. Further, during the same time frame, the net loss magnified from Rs 7 crore to Rs 88 crore.
Puravankara, a diversified real estate player, operates across luxury (Purva), affordable (Provident), and plotted development (PurvaLand) segments. With 90 completed projects and 52.74 msft delivered, it holds a land bank of 25 msft. Currently, 36.8 msft is under development, covering over 24,117 homes. The company has secured major investments from IFC, EAF, and HDFC Capital.
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In FY25, Puravankara reported a sales value of Rs 5,006 crore and sales volume of 5.67 msft, down from 7.36 msft in FY24. Customer collections rose 9% YoY to Rs 3,937 crore, reflecting operational efficiency. Average realization improved by 10% YoY to Rs 8,830 per sft, indicating stronger pricing power despite a dip in sales volume.
In May 2025, Puravankara partnered with KVN Property Holdings LLP for a 24.59-acre land parcel in North Bengaluru, targeting a GDV exceeding Rs 3,300 crore. With a saleable area of 3.48 million sq. ft., the project leverages strategic location advantages and is slated for launch within six months.
Puravankara Limited is an India-based real estate development company. The Company is engaged in the development and construction of luxury, premium, affordable, and commercial properties. The Company’s business activities fall within a single reportable segment: real estate development.
Written by Abhishek Singh
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