Puravankara net loss widens to ₹88 cr in Q4 as revenue falls 41%; FY25 pre-sales cross ₹5,000 crore

Realty firm Puravankara Ltd on Friday (May 30) reported a net loss of ₹88 crore for the fourth quarter that ended March 31, 2025. In the corresponding quarter of the previous fiscal, the company posted a net loss of ₹6.7 crore.

Revenue from operations tanked 41% YoY to ₹541.6 crore against ₹920 crore.

At the operating level, EBITDA fell 73% to ₹30.5 crore in the fourth quarter of this fiscal over ₹113.4 crore. The EBITDA margin contracted to 5.63% versus 12.32% in the corresponding period in the previous fiscal.

In Q4FY25, pre-sales stood at ₹1,282 crore, driven by a sales volume of 1.42 million square feet and healthy collections of ₹946 crore. Total revenue for the quarter stood at ₹564 crore.

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Expansion in western India

For the full-year FY25, the company achieved robust pre-sales of ₹5,006 crore, with a sales volume of 5.67 million square feet and a 10% YoY increase in sales realisation to ₹8,830 per square foot.

Collections for the year stood at ₹3,937 crore, reflecting a 9% growth over the previous year. Total revenue came in at ₹2,093 crore, while operating cash inflows grew by 10% YoY to ₹4,342 crore.

During FY25, Puravankara expanded its presence in western India by acquiring four marquee projects, including redevelopment projects, across Lokhandwala, Pali Hill, Breach Candy, and Thane, unlocking a combined gross development value (GDV) potential of over ₹9,500 crore.

Also Read: Puravankara reports 6% on-year growth in Q3 collections; Shares slide 8%

In March 2025, the company successfully launched its much-awaited project, Purva Panorama, in Thane, Mumbai, with a total development potential of three million square feet and an estimated GDV of ₹4,000 crore. The project received an excellent response, commencing with Tower C, which covers 0.52 million square feet. The company is poised for substantial growth in its western portfolio.

The results came after the close of the market hours. Shares of Puravankara Ltd ended at ₹259.20, up by ₹1.55, or 0.60%, on the BSE.