Puravankara Ltd has reported pre-sales of ₹1,414 crore for the third quarter of FY26, registering a year-on-year growth of around 17 percent. The performance reflects steady demand across the company’s residential portfolio during the October–December period, supported by ongoing project launches and stable market conditions in key urban centres.
Customer collections during Q3 FY26 stood at ₹1,140 crore, marking a 22 percent increase compared to the same quarter in the previous financial year. The improvement in collections highlights consistent cash flow and timely customer payments across projects. During the quarter, the company recorded sales volume of approximately 1.49 million square feet, showing moderate growth on an annual basis. Deliveries during the same period totalled about 1.23 million square feet, translating into the handover of over 1,100 residential units.
The average realisation per square foot improved year-on-year, supported by a balanced mix of mid-income and premium housing projects across major markets. Puravankara’s performance in Q3 FY26 was driven by sustained buyer interest in well-located residential developments, particularly in Bengaluru and other key cities where the company has an established presence.
For the nine months ended December 2025, Puravankara significantly expanded its development pipeline. The company added over 12.7 million square feet of new projects with an estimated gross development value of approximately ₹13,900 crore. These additions include a combination of land acquisitions, joint development agreements, and redevelopment projects, strengthening the company’s future revenue visibility. Key expansions were undertaken in Bengaluru, along with redevelopment opportunities in Mumbai, covering premium and mid-segment housing.
During Q3 FY26, Puravankara also launched a new residential project in Bengaluru’s Anekal region, adding to its ongoing portfolio. The project offers multiple unit configurations and is part of the company’s broader strategy to address diverse homebuyer demand. In the first nine months of FY26, the total area launched by the company reached nearly 2.8 million square feet across new and existing developments.
Overall, Puravankara’s Q3 FY26 results indicate stable operational performance, improved collections, and a growing development pipeline, positioning the company for sustained activity in the coming quarters while maintaining focus on timely execution and project expansion.
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