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Key Points

Puravankara Limited reported a substantial increase in net loss during Q4 FY25, reaching Rs 88 crore compared to Rs 6.7 crore the previous year. Despite this setback, the company saw strong pre-sales figures, indicating robust market demand. Revenue declined significantly, impacting EBITDA margins, though investments in Mumbai's real estate appear promising for future growth. Puravankara's strategic focus on premium projects in key Mumbai locations seems poised to enhance its long-term prospects.

Key Points: Puravankara Faces Rs 88 Crore Q4 Loss Amid Revenue Slump

  • Puravankara's Q4 loss reaches Rs 88 crore
  • Revenue drops 41% to Rs 541.6 crore YoY
  • EBITDA margin shrinks, but pre-sales hit Rs 1,282 crore
  • New Mumbai projects boost long-term growth prospects
2 min read

Realty firm Puravankara's net loss widens to Rs 88 crore in Q4, revenue declines

Puravankara's Q4 net loss widens to Rs 88 crore, with revenue down 41% as pre-sales remain strong.

"Our focus on expanding in Mumbai has yielded significant pre-sales. - Puravankara Spokesperson"

Mumbai, May 31

Real estate company Puravankara Limited has posted a net loss of Rs 88 crore in Q4 FY25, compared to a net loss of Rs 6.7 crore in the same period in previous fiscal.

Revenue from operations also declined significantly, falling 41 per cent year-on-year (YoY) to Rs 541.6 crore, down from Rs 920 crore, according to its stock exchange filing.

The company's operating performance took a hit, with EBITDA (earnings before interest, taxes, depreciation and amortisation) declining 73 per cent to Rs 30.5 crore from Rs 113.4 crore in the same quarter last financial year.

As a result, the EBITDA margin shrank to 5.63 per cent, compared to 12.32 per cent in Q4 FY24.

Despite weak financials, the company’s sales activity remained strong. Pre-sales during the quarter stood at Rs 1,282 crore, backed by a sales volume of 1.42 million square feet and collections of Rs 946 crore.

Total revenue for the quarter was Rs 564 crore, as per its regulatory filing.

For the full financial year, Puravankara achieved pre-sales of Rs 5,006 crore, with 5.67 million square feet of sales volume. The average sales realisation rose 10 per cent YoY to Rs 8,830 per square foot. Collections for the year stood at Rs 3,937 crore, up 9 per cent from the previous financial year.

Total revenue for FY25 was Rs 2,093 crore, while operating cash inflows increased by 10 per cent to Rs 4,342 crore, the company said in its regulatory filing.

During the year, Puravankara expanded its footprint in western India with the acquisition of four premium projects in key Mumbai areas -- Lokhandwala, Pali Hill, Breach Candy, and Thane.

These projects have a combined gross development value (GDV) of over Rs 9,500 crore.

In March 2025, the company launched its much-awaited Purva Panorama project in Thane, Mumbai.

On Friday, Puravankara’s shares closed at Rs 259.20 on the Bombay Stock Exchange (BSE), up 0.60 per cent.

- IANS

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Reader Comments

R
Rahul K.
Not surprised by these losses. Puravankara's premium projects in Mumbai are overpriced for most middle-class buyers. They need to focus on affordable housing if they want sustainable growth. The real estate bubble in Mumbai can't last forever.
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Priya M.
The pre-sales numbers look promising though! ₹1,282 crore in Q4 shows there's still demand for quality projects. Maybe the losses are temporary due to their expansion phase. Their Thane project looks beautiful from the renders I've seen. 🤞
A
Arjun S.
As someone who invested in Puravankara shares, this is worrying. The stock price might be up today, but such heavy losses can't be ignored. Need to see their next quarter results before deciding whether to hold or exit.
S
Sunita R.
Why are they focusing only on premium Mumbai properties? India needs more housing solutions for the common man. With 73% EBITDA decline, maybe time to rethink strategy. Affordable housing in tier-2 cities could be their growth area.
V
Vikram J.
The real estate sector is facing challenges across the board. High interest rates + rising construction costs are squeezing margins. Puravankara's strong pre-sales (₹5006cr FY25) shows brand value. Maybe they'll bounce back once their new projects are delivered.
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Neha P.
Bought a flat in their Bangalore project last year. Quality is good but delays were frustrating. Hope these financial issues don't affect ongoing projects. Builders need to be more transparent about delivery timelines. 🏗️

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