Puravankara Limited, one of India’s most trusted and admired real estate developers, reported a strong start to FY27, backed by improving realisations and disciplined execution across its residential and commercial portfolio.

Puravankara reported a Profit After Tax (PAT) of ₹25 crore in Q1FY27, compared to a loss of ₹69 crore in Q1FY26, while EBITDA margin expanded to 25% from 15%. The company handed over 745 homes covering 0.94 msft during the quarter, up from 667 units in Q1FY26, sustaining the execution momentum built through FY26.

Total revenue for Q1FY27 stood at ₹877 crore, up 63% YoY from ₹539 crore in Q1FY26. Operating inflows for the quarter stood at ₹1,423 crore, against operating outflows of ₹1,078 crore, resulting in an operating surplus of ₹345 crore.

In Q1FY27, the company recorded pre-sales of ₹1,439 crore, up 28% year-on-year, on sales volume of 1.36 million sq. ft. across 1,017 units. Average realisation rose 18% to ₹10,589 per sq. ft., while customer collections for the quarter grew 40% year-on-year to ₹1,199 crore, the highest first-quarter collections in three years.

Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Limited, said, “Q1FY27 reflects the continued strengthening of our operating performance, with healthy growth in revenue, pre-sales and collections, alongside improved margins. As our portfolio progresses through completion and handover, we expect this execution momentum to support earnings visibility, with 2,777 completed units currently pending revenue recognition.

We continue to balance growth with disciplined capital allocation. During the quarter, we added ₹5,200 crore of GDV through four land transactions in Bengaluru. Further, the Purva Zentech transaction with ICICI Prudential AMC reinforces our focus on capital efficiency. With a strong launch pipeline and an estimated surplus of ₹19,831 crore over the next 3-5 years, we remain focused on delivering our FY27 sales guidance of ₹11,200 crore.”