Real estate developer Puravankara Ltd reported a steep widening of its net loss for the fourth quarter of FY25, as a sharp fall in revenue weighed on profitability. The company posted a net loss of ₹88 crore for the quarter ending March 31, 2025 — significantly higher than the ₹6.7 crore loss reported during the same period last year.
Revenue Takes a Hit, Drops 41% YoY
Revenue from operations fell dramatically by 41% year-on-year, coming in at ₹541.6 crore compared to ₹920 crore in Q4 FY24. The sharp dip in revenue reflects a challenging quarter for the company, amid a broader slowdown in the real estate sector.
Operating Profit (EBITDA) Nosedives 73%
Puravankara's operational performance also took a hit, with EBITDA plunging 73% to ₹30.5 crore in Q4 FY25 from ₹113.4 crore in the year-ago period. The EBITDA margin also narrowed significantly to 5.63%, down from 12.32% in Q4 FY24, indicating pressure on margins due to lower revenue and higher input costs.
FY25 Pre-Sales Cross ₹5,000 Crore
Despite a weak fourth quarter, there was a silver lining. Pre-sales for the full fiscal year FY25 crossed the ₹5,000 crore mark, highlighting strong underlying demand for the company’s projects across India. This performance points to a robust pipeline and continued buyer interest, especially in the affordable and mid-income housing segments.
About Puravankara Ltd
Puravankara Limited is a prominent real estate development company in India, known for its luxury and premium affordable housing projects. Operating under the Puravankara and Provident brands, the company has developed residential and commercial projects in key cities including:
Bengaluru
Chennai
HyderabadMumbai
Pune
Goa
Kolkata
Kochi
Coimbatore
Mangaluru
Some of their notable projects include Purva Atmosphere, Purva Palm Beach, Purva Clermont, Provident Woodfield, and Purva Somerset House.
The company also has multiple subsidiaries such as Prudential Housing, Melmont Construction, and Purva Realities, which support its real estate activities across India.
Final Thoughts
While Puravankara’s Q4 results indicate a tough quarter marked by reduced revenue and profitability, the strong pre-sales number provides a glimmer of hope. As the Indian real estate market stabilizes, companies like Puravankara with a wide geographical presence and a diversified project portfolio may regain momentum in the coming quarters.
Investors and analysts will be watching closely to see how the company navigates cost pressures and execution challenges, and whether it can convert its strong pre-sales performance into revenue growth in FY26.
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