Puravankara Reports Q2 Revenue of ₹1,032 Crore Versus ₹644 Crore YoY

Market snapshot: Puravankara Limited reported its Q2 financial results, recording total revenue of ₹1,032 crore compared to ₹644 crore in the corresponding quarter of the previous fiscal year. This represents a 60.25% year-on-year increase in top-line execution.

Data Snapshot

• Puravankara posted Q2 revenue of ₹1,032 crore, up from ₹644 crore in the corresponding prior-year period.
• Year-on-year Q2 top-line growth reached 60.25% (derived: ₹1,032 cr vs ₹644 cr).
• In Q1FY27, total revenue stood at ₹877 crore, representing a 63% YoY expansion from ₹539 crore in Q1FY26.

What's Changed

• Q2 revenue increased to ₹1,032 crore from ₹644 crore in the corresponding prior-year quarter.
• Top-line execution accelerated sequentially compared to Q1FY27 revenue of ₹877 crore.

Key Takeaways

• Puravankara recorded Q2 revenue of ₹1,032 crore, delivering a 60.25% YoY increase from ₹644 crore.
• The top-line growth signals sustained project handovers following Q1FY27 revenue of ₹877 crore.
• Execution momentum aligns with management's full-year FY27 sales guidance target of ₹11,200 crore.

SAHI Perspective

The 60.25% surge in Q2 revenue underscores Puravankara's operational efficiency in executing project completions. Real estate revenue recognition reflects finalized unit deliveries; the sequential rise from ₹877 crore in Q1FY27 to ₹1,032 crore in Q2 confirms steady momentum across active residential projects.

Market Implications

Strong revenue recognition enhances cash collection efficiency and operating liquidity. Consistent financial execution strengthens balance sheet resilience as the company progresses through its scheduled launch pipeline.

Trading Signals

Market Bias: Bullish

Q2 revenue rose 60.25% YoY to ₹1,032 crore from ₹644 crore, demonstrating steady operational acceleration.

Overweight: Real Estate

Trigger Factors:

• Q2 revenue expanded to ₹1,032 crore (+60.25% YoY)
• Sequential revenue acceleration from ₹877 crore in Q1FY27

Time Horizon: Near-term (0-3 months)

Industry Context

The Indian residential real estate market continues to exhibit sustained demand across core metropolitan clusters. Development completion cycles remain critical, as timely handovers directly dictate quarterly reported revenues under standard accounting guidelines.

Key Risks to Watch

• Potential delays in municipal approval processes for new project phases
• Fluctuations in construction input costs and labor availability

Recent Developments

In August 2026, Puravankara reported Q1FY27 total revenue of ₹877 crore (+63% YoY) and net profit of ₹25 crore, supported by pre-sales of ₹1,439 crore and land additions totaling ₹5,200 crore in GDV.

Closing Insight

Puravankara's 60.25% YoY revenue growth in Q2 reflects disciplined execution and healthy delivery schedules, supporting earnings visibility for FY27.

High Performance Trading with SAHI.