Puravankara Q1 FY27: Profit returns as handovers and collections rise

Puravankara reported presales of INR 1,439 crore in Q1 FY27, up 28% year on year.

Customer collections were INR 1,199 crore in Q1 FY27, a 40% year on year increase as per the investor presentation.

Consolidated total income was INR 877 crore and net profit for the period was INR 25 crore in Q1 FY27.

Management reiterated FY27 presales guidance of INR 11,200 crore during the earnings call.

Net debt was INR 2,836 crore and net debt equity was 1.57x as of June 30, 2026 per the presentation.

The presentation discloses total planned launches of 20.48 msft (including new launches and new phase launches), with approximate GDV of INR 27,300 crore.

Management said it signed a definitive agreement with ICICI Prudential AMC at an enterprise value of about INR 625 crore and expects closing during August 2026, subject to conditions precedent.