Puravankara Ltd

The acquisition aligns with the company's strategic vision to expand its footprint in key Bengaluru micro-markets that feature robust infrastructure, excellent connectivity, and sustained residential demand. The land parcel offers a total saleable area of approximately 0.83 million square feet. Located in Balagere, East Bengaluru, the site benefits from strong and consistent market demand due to its proximity to major IT hubs and well-established social and physical infrastructure. The project is expected to launch within the next six to nine months. Ashish Puravankara, managing director, Puravankara, said, 'This joint development underscores our sustained growth strategy and reaffirms our confidence in East Bengaluru, one of the city's most dynamic and promising micro-markets. The scale and location of this project are ideal for an ultra-luxury offering tailored for individuals seeking a refined lifestyle that mirrors their success. It aligns with our broader vision of creating high-quality, community-focused housing across Bengaluru's emerging corridors.' Mallanna Sasalu, CEO ' South, Puravankara, added, 'Balagere has emerged as a highpotential residential micro-market, driven by its proximity to key IT hubs and well-established infrastructure. This project, structured under a Joint Development Agreement (JDA), reflects our capital-efficient approach to growth. The micro-market has demonstrated steady sales and rental demand, reduced market risk and support for faster inventory take-off. We expect to bring the project to market in the next 6-9 months and are confident it will be a strong addition to our expanding portfolio.' Puravankara, headquartered in Bengaluru, is one of India's most admired and trusted real estate developers. The company has established three distinct and successful residential brands ' Purva, Provident Housing (PHL) and Purva Land, catering to the entire spectrum of housing and plotted development needs. The company reported consolidated net loss of Rs 75.89 crore in Q4 FY25 as against net profit of Rs 6.50 crore posted in Q4 FY24. Net sales tanked 63.9% year on year to Rs 155.21 crore in Q4 FY25. Powered by Capital Market - Live

 Puravankara Group has announced the joint development of a 5.5-acre land parcel in East Bengaluru, with a combined estimated gross development value (GDV) of over Rs 1,000 crore. The acquisition aligns with the company's strategic vision to expand its footprint in key Bengaluru micro-markets with robust infrastructure, excellent connectivity, and sustained residential demand. The land parcel offers a total combined saleable area of 0.83 million square feet. Located in Balagere, East Bengaluru, the site enjoys strong and steady market demand due to its proximity to major IT hubs and well-established social and physical infrastructure. The project is expected to be launched in the next six to nine months. Powered by Capital Market - Live

Puravankara has been selected as the developer for the redevelopment of eight residential societies in Chembur, Mumbai and received the order from following societies: 1. Sahyagiri Co-operative Housing Society Limited 2. Rainbow Co-operative Housing Society Limited 3. Deonar Hill View Co-operative Housing Society Limited 4. Deonar Gulmohar Co-operative Housing Society Limited 5. Deonar Madhuban Co-operative Housing Society Limited 6. Sunbeam Co-operative Housing Society Limited 7. Deonar Avanti Co-operative Housing Society Limited 8. Deonar Parijat Co-operative Housing Society LimitedPowered by Capital Market - Live

The project marks a key milestone for the company, unlocking a total development potential of over 1.2 million sq ft, spread across approximately 4 acres. The estimated gross development value (GDV) of the project stands at Rs 2,100 crore, Puravankara said in a regulatory filing. This announcement follows Puravankara's recent acquisition of development rights for marquee redevelopment projects in Breach Candy, Pali Hill, and Lokhandwala in Mumbai. These strategic wins underscore the company's growing footprint in the western region's redevelopment segment, reinforcing its commitment to revitalising urban spaces with quality and integrity. Ashish Puravankara, Managing Director, Puravankara, said, 'Securing marquee redevelopment projects in highly sought-after Mumbai neighbourhoods such as Breach Candy, Pali Hill, Lokhandwala, and now Chembur is a strong validation of the trust, discerning societies and residents place in the Puravankara brand. What distinguish us is not just our vision, but also our design-led approach and unwavering focus on quality. Now with 11 projects across Mumbai and Pune, spanning approximately 14 million square feet, including 3.6 million square feet in redevelopment, we are committed to strengthening our footprint in the western region. The region is expected to contribute a GDV of approximately Rs 18,000 crore, of which approximately Rs 7,700 crore will come from redevelopment alone.' Rajat Rastogi, CEO-West and Commercial Assets, Puravankara, added, We are honoured to be selected as the developer to redevelop eight societies in Chembur. After receiving a phenomenal response for our existing project in Chembur (Purva Clermont), our expansion in this micro-market will strengthen our footprint further. As we celebrate our Golden Jubilee year, this achievement not only reinforces our position as a trusted partner in the redevelopment space but also strengthens our presence in Mumbai's vibrant and competitive real estate market. We remain committed to driving innovation and delivering value to all stakeholders, residents, partners, and the communities we serve. Puravankara, headquartered in Bengaluru, is one of India's most admired and trusted real estate developers. The company has established three distinct and successful residential brands ' Purva, Provident Housing Limited (PHL) and Purva Land, catering to the entire spectrum of housing and plotted development needs. The company reported consolidated net loss of Rs 75.89 crore in Q4 FY25 as against net profit of Rs 6.50 crore posted in Q4 FY24. Net sales tanked 63.9% year on year to Rs 155.21 crore in Q4 FY25. Powered by Capital Market - Live

Puravankara has been selected as the preferred developer for the redevelopment of eight residential societies in Chembur, Mumbai. This marks a significant milestone for the company, unlocking total development potential of over 1.2 million square feet, spread over approximately 4 acres, with an estimated gross development value (GDV) of Rs 2,100 crore. This announcement follows Puravankara's previous acquisitions of development rights for prestigious redevelopment projects in Mumbai's Breach Candy, Pali Hill, and Lokhandwala. These strategic wins reflect Puravankara's growing footprint in the redevelopment segment in the west region, underscoring its commitment to revitalising urban spaces with quality and integrity. Commenting on the strategic announcement, Ashish Puravankara, Managing Director, Puravankara Limited, said, 'Securing marquee redevelopment projects in highly sought-after Mumbai neighbourhoods such as Breach Candy, Pali Hill, Lokhandwala, and now Chembur is a strong validation of the trust, discerning societies and residents place in the Puravankara brand. What distinguishes us is not just our vision, but also our design-led approach and unwavering focus on quality. Now with 11 projects across Mumbai and Pune, spanning approximately 14 million square feet, including 3.6 million square feet in redevelopment, we are committed to strengthening our footprint in the western region. The region is expected to contribute a GDV of approximately Rs 18,000 crore, of which approximately Rs 7,700 crore will come from redevelopment alone.'Powered by Capital Market - Live

The contract is for civil and finishing works for the proposed residential project 'TRU AQUAPOLIS' located in Varthur, Bengaluru. The nature of the contract is EPC - Commercial and is classified as a domestic order. The execution timeline will be governed as per the terms laid out in the formal contract agreement between the parties. In a regulatory filing, the company clarified that neither the promoter nor the promoter group or group companies have any interest in Tru Dwellings, nor the transaction does not qualify as a related party transaction. Puravankara, headquartered in Bengaluru, is one of India's most admired and trusted real estate developers. The company has established three distinct and successful residential brands ' Purva, Provident Housing Limited (PHL) and Purva Land, catering to the entire spectrum of housing and plotted development needs. The company reported consolidated net loss of Rs 75.89 crore in Q4 FY25 as against net profit of Rs 6.50 crore posted in Q4 FY24. Net sales tanked 63.9% year on year to Rs 155.21 crore in Q4 FY25. Powered by Capital Market - Live

Net Loss of Puravankara reported to Rs 85.82 crore in the quarter ended March 2025 as against net loss of Rs 6.59 crore during the previous quarter ended March 2024. Sales declined 41.13% to Rs 541.57 crore in the quarter ended March 2025 as against Rs 919.97 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 179.88 crore in the year ended March 2025 as against net profit of Rs 42.26 crore during the previous year ended March 2024. Sales declined 7.85% to Rs 2013.61 crore in the year ended March 2025 as against Rs 2185.26 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales541.57919.97 -41 2013.612185.26 -8 OPM %5.6112.17 -14.4520.85 - PBDT-99.6212.34 PL -178.1296.29 PL PBT-110.812.66 PL -213.0868.24 PL NP-85.82-6.59 -1202 -179.8842.26 PL Powered by Capital Market - Live

Net loss of Puravankara reported to Rs 75.89 crore in the quarter ended March 2025 as against net profit of Rs 6.50 crore during the previous quarter ended March 2024. Sales declined 63.92% to Rs 155.21 crore in the quarter ended March 2025 as against Rs 430.20 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 198.75 crore in the year ended March 2025 as against net profit of Rs 33.54 crore during the previous year ended March 2024. Sales declined 17.02% to Rs 917.50 crore in the year ended March 2025 as against Rs 1105.71 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales155.21430.20 -64 917.501105.71 -17 OPM %-29.80-3.41 --2.5513.86 - PBDT-92.53-3.95 -2243 -200.1340.16 PL PBT-95.57-6.84 -1297 -212.4229.41 PL NP-75.896.50 PL -198.7533.54 PL Powered by Capital Market - Live

Puravankara will hold a meeting of the Board of Directors of the Company on 30 May 2025.Powered by Capital Market - Live

The Board of Puravankara at its meeting held on 16 May 2025 has approved the appointment of Mallanna Sasalu as Chief Executive Officer (CEO) - South, designated as the Senior Managerial Personnel (SMP) of the Company. Powered by Capital Market - Live