Interim report
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Date: 02.11.2026 To, The General Manager, Listing Operations Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai- 400 001 Stock Code: 532891 The Manager, Listing Department, National Stock Exchange of India Limited, Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai- 400 051 Stock Code: PURVA Dear Sir / Madam, Sub: Outcome of the Board Meeting held on Monday, November 02, 2026 Ref: Regulation 30, 33 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) We write to inform you that in continuation to out intimation dated October 26, 2026, the Board of Directors of the Company at its meeting held today i.e., Monday, November 02, 2026, inter -alia considered and approved the Un-Audited Standalone and Consolidated Financial Results of the Company along with the Limited Review Report for the quarter and half-year ended September 30, 2026, as reviewed and recommended by the Audit Committee . In this regard we have enclosed herewith the aforesaid Un-Audited Standalone and Consolidated Financial Results of the Company along with the Limited Review Report for the quarter and half-year ended September 30, 2026. A copy of the said Results along with the Limited Review Reports of the Company are also available on the website of the Company https://www.puravankara.com The board meeting commenced at 02:00 P.M. (IST) and concluded at 07:30 P.M. (IST). This is for your information and records. Thanking you, Yours sincerely, For Puravankara Limited (Sudip Chatterjee) Company Secretary & Compliance Officer Membership No.: F11373
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12th Floor“UB City” Canberra BlockNo. 24, Vittal Mallya RoadBengaluru –560 001, IndiaTel: +91 80 6648 9000 Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited StandaloneFinancial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015, as amendedReview Report toThe Board of DirectorsPuravankara Limited1.We have reviewed the accompanying statement of unaudited standalone financial results ofPuravankara Limited (the “Company”) which includes its 3 partnership entities for the quarter andsix months ended September 30, 2026 (the “Statement”) attached herewith, being submitted by theCompany pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”).2.The Company’s Management is responsible for the preparation of the Statement in accordance withthe recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 asamended, read with relevant rules issued thereunder and other accounting principles generallyaccepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statementhas been approved by the Company’s Board of Directors. Our responsibility is to express aconclusion on the Statement based on our review.3.We conducted our review of the Statement in accordance with theStandard on Review Engagements(SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor ofthe Entity” issued by the Institute of Chartered Accountants of India. This standard requires that weplan and perform the review to obtain moderate assurance as to whether the Statement is free ofmaterial misstatement. A review of interim financial information consists of making inquiries,primarily of persons responsible for financial and accounting matters, and applying analytical andother review procedures. A review is substantially less in scope than an audit conducted inaccordance with Standards on Auditing and consequently does not enable us to obtain assurance thatwe would become aware of all significant matters that might be identified in an audit. Accordingly,we do not express an audit opinion.4.Based on our review conducted as above and based on the consideration of the review reports ofother auditors on the financial results of the partnership entities referred to in paragraph 6 below,nothing has come to our attention that causes us to believe that the accompanying Statement,prepared in accordance with the recognition and measurement principles laid down in the aforesaidIndian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 asamended, read with relevant rules issued thereunder and other accounting principles generallyaccepted in India, has not disclosed the information required to be disclosed in terms of the ListingRegulations, including the manner in which it is to be disclosed, or that it contains any materialmisstatement.5.Emphasis of MatterWe draw attention to note 6 to the accompanying standalone financial results in connection withcertain ongoing legal proceedings related to property, income tax search and other matters. Ourconclusion is not modified in respect of this matter.
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6.Other MatterThe accompanying Statement includes the interim financial results and other financial informationin respect of 3 partnership entities, whose unaudited interim financial results include the Company’sshare of net profit/(loss) after tax of Rs. (1.91) crore and Rs. (8.19) crore for the quarter and sixmonths ended September 30, 2026, respectively, as considered in the Statement, whose interimfinancial results and other financial information have been reviewed by other auditors.The reports of such auditors on the interim financial results and other financial information of thesepartnership entities have been furnished to us by the Management, and our conclusion on theStatement, in so far as it relates to the amounts and disclosures included in respect of thesepartnership entities, is based solely on the reports of such other auditors.Our conclusion on the Statement is not modified in respect of the above matter and our reliance onthe work done and the reports of such other auditors.For S.R. Batliboi & Associates LLPChartered AccountantsICAI Firm registration number: 101049W/E300004per Sudhir Kumar JainPartnerMembership No.: 213157UDIN: 26213157QASRXX1476Place: BengaluruDate: November 02, 2026
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(Rs. in crore)Sl.No.Particulars Quarter ended30.09.2026[Unaudited]Preceding Quarterended 30.06.2026[Unaudited]CorrespondingQuarter ended30.09.2025[Unaudited]Year to datefiguresfor the currentperiod ended30.09.2026[Unaudited]Year to datefiguresfor the previousperiod ended30.09.2025[Unaudited]Previous Yearended 31.03.2026[Audited]1Income(a) Revenue from operations 383.04 511.92 334.40 894.96 460.56 2,302.61(b) Other income 21.42 28.63 14.83 50.05 27.05 96.40Total income 404.46 540.55 349.23 945.01 487.61 2,399.012Expenses(a) Sub-contractor cost 218.93 132.22 246.24 351.15 491.62 983.37(b) Cost of raw materials and components consumed 14.13 4.71 15.43 18.84 38.90 76.69(c) Land purchase cost 5.56 386.45 - 392.01 - 844.13(d) (Increase)/ decrease in inventories ofstock of flats, land stock and work-in-progress (22.57) (232.34) (45.54) (254.91) (260.35) (387.68)(e) Employee benefits expense 57.27 51.78 47.91 109.05 93.31 177.33(f) Finance cost 78.45 81.25 72.79 159.70 141.14 288.29(g) Depreciation and amortization expense 3.41 3.10 2.99 6.51 6.03 11.97(h) Other expenses 88.18 87.43 57.19 175.61 115.14 308.55Total expenses 443.36 514.60 397.01 957.96 625.79 2,302.653Profit/(loss) before exceptional items and tax (1-2) (38.90) 25.95 (47.78) (12.95) (138.18) 96.364Exceptional items (refer note 7) 144.99 - - 144.99 - -5Profit/(loss) before tax (3+4) 106.09 25.95 (47.78) 132.04 (138.18) 96.366Tax expense(i) Current tax charge/(credit) 26.55 - - 26.55 - 12.27(ii) Deferred tax charge/(credit) (14.77) 8.08 (11.57) (6.69) (33.82) 13.74Total 11.78 8.08 (11.57) 19.86 (33.82) 26.017Net profit/(loss) for the period (5-6) 94.31 17.87 (36.21) 112.18 (104.36) 70.358Other comprehensive income for the period(i) Items that will not be reclassified to profit and loss - Re-measurement gains/(losses)on defined benefit plans(1.57) 0.06 0.43 (1.51) (0.41) 0.25(ii) Income tax relating to items that will not be reclassified to profit and loss 0.39 (0.02) (0.11) 0.37 0.10 (0.06)Total (1.18) 0.04 0.32 (1.14) (0.31) 0.199Total Comprehensive Income for the period [Comprising Net profit/(loss) andOther Comprehensive Income (7+8)]93.13 17.91 (35.89) 111.04 (104.67) 70.5410 Earnings per share(of Rs. 5/- each) (not annualised):a) Basic (in Rs.) 3.98 0.75 (1.53) 4.73 (4.40) 2.97b) Diluted (in Rs.) 3.97 0.75 (1.52) 4.72 (4.39) 2.9711 Paid-up equity share capital 118.58 118.58 118.58 118.58 118.58 118.58(Face value of Rs. 5/- each)12 Other equity as shown in the audited balance sheet of the previous year 1,438.52 Statement of Unaudited Standalone Financial Results of Puravankara Limited for the quarter and the six months ended September 30, 2026PURAVANKARA LIMITEDCorporate Identity Number (CIN): L45200KA1986PLC051571Regd. Office: No. 130/1, Ulsoor Road, Bengaluru - 560042, IndiaPhone: +91-80-43439999 Fax: +91-80-2559 9350Email: investors@puravankara.com Website: https://www.puravankara.com Page 1 of 4
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Statement of Unaudited Standalone Financial Results of Puravankara Limited for the quarter and the six months ended September 30, 2026Notes:12 The standalone statement of assets and liabilities are as below:(Rs. in crore)Sl.No.ParticularsAs at30.09.2026[Unaudited]As at31.03.2026[Audited]A ASSETS1 Non-Current Assets(a) Property, plant and equipment 39.56 39.40(b) Investment property 10.19 10.27(c) Other Intangible assets 1.20 1.47(d) Financial assets (i) Investments 427.94 404.57 (ii) Loans 286.22 275.30 (iii) Other financial assets 322.86 323.33(e) Deferred tax assets (net) 187.28 180.22(f) Assets for current tax (net) 35.71 68.93(g) Other non-current assets 153.98 103.54Sub-total - Non Current Assets 1,464.94 1,407.032 Current Assets(a) Inventories 6,309.33 6,049.50(b) Financial assets (i) Trade receivables 368.63 404.27 (ii) Cash and cash equivalents 491.16 324.89 (iii) Bank balances other than cash and cash equivalents 33.30 118.23(iv) Loans 405.30 406.86 (v) Other financial assets 170.10 117.07(c) Other current assets 473.20 315.99Sub-total - Current Assets 8,251.02 7,736.81TOTAL ASSETS 9,715.96 9,143.84B EQUITY(a) Equity share capital 118.58 118.58(b) Other Equity 1,550.49 1,438.52Sub-total - Equity 1,669.07 1,557.10C LIABILITIES1 Non-Current Liabilities(a) Financial liabilities (i) Borrowings 98.91 75.42 (ii) Lease liabilities 7.91 7.86 (iii) Other financial liabilities 2.57 1.47(b) Provisions 6.75 6.79Sub-total - Non Current Liabilities 116.14 91.542 Current Liabilities(a) Financial liabilities (i) Borrowings 2,200.99 2,306.80 (ii) Lease liabilities 7.75 7.39 (iii) Trade payablesa) total outstanding dues of micro enterprises and small enterprises 23.13 27.19b) total outstanding dues of creditors other than micro enterprises and smallenterprises 521.92 493.05 (iv) Other financial liabilities 24.93 27.22(b) Other current liabilities 5,134.39 4,629.49(c) Provisions 5.06 4.06(d) Current tax liabilities (net) 12.58 -Sub-total - Current Liabilities 7,930.75 7,495.20TOTAL EQUITY AND LIABILITIES 9,715.96 9,143.84 The above standalone financial results of Puravankara Limited ('the Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Company held on02.11.2026. The statutory auditors of the Company have carried out a limited review on the above standalone financial results of the Company for the quarter and six months ended 30.09.2026. Page 2 of 4
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Statement of Unaudited Standalone Financial Results of Puravankara Limited for the quarter and the six months ended September 30, 20263 The standalone statement of cash flows are as below:(Rs. in crore)Sl.No.ParticularsYear to datefiguresfor the currentperiodended 30.09.2026[Unaudited]Year to datefiguresfor the previousperiodended 30.09.2025[Unaudited]A. Cash flow from operating activitiesProfit/(loss) before tax 132.04 (138.18)Adjustments to reconcile profit/(loss) before tax to net cash flows:Depreciation and amortization expense 6.51 6.03Liabilities/Provisions no longer required written-back - (1.09)(Profit)/loss on sale of property, plant and equipment and investment properties (0.03) (0.12)Exceptional items (144.99) -Fair value (gain)/loss on investment (0.43) (0.20)Share in loss/(profits) of partnership entities' investment (post tax) 8.19 3.51Employee share based payment expense 0.65 1.91Finance cost 159.70 141.14Interest income (34.66) (18.18)Working capital adjustments:(Increase)/decrease in trade receivables 35.64 (107.60)(Increase)/ decrease in inventories (259.83) (259.58)(Increase)/ decrease in other financial assets (62.54) 2.58(Increase)/ decrease in other assets (207.65) (100.56)Increase/ (decrease) in trade payables 24.81 101.43Increase/ (decrease) in other financial liabilities (1.19) 9.00Increase/ (decrease) in other liabilities 499.11 406.35Increase/ (decrease) in provisions (0.54) (1.19)154.79 45.25Income tax refund/ (paid), net 19.25 (11.46)Net cash flows from/(used in) operating activities 174.04 33.79B. Cash flows from investing activitiesPurchase of property, plant and equipment (including capital work in progress) (2.28) (1.84)Purchase of intangible assets - (0.03)Proceeds from sale of property, plant and equipment and investment properties 0.45 0.17Investments made in subsidiaries and associates (25.32) (19.85)Investment in mutual funds - (0.38)Consideration received on sale of investment in subsidiary 145.00 -Redemption of mutual fund and other fund units - 0.92Loans given to subsidiaries and associates (234.68) (83.39)Loans repaid by subsidiaries and associates 162.93 69.57Loans repaid by third parties 82.29 -Investment in bank deposits (original maturity of more than three months) (80.58) (352.27)Redemption of bank deposits (original maturity of more than three months) 171.49 341.12Interest received 18.75 6.08Net cash flows from/(used in) investing activities 238.05 (39.90)C. Cash flows from financing activitiesProceeds from secured term loans 400.83 982.47Repayment of secured term loans (802.85) (899.19)Proceeds from unsecured term loans 14.99 -Repayment of unsecured term loans (1.17) (50.80)Loans taken from subsidiaries 422.86 148.33Loans repaid to subsidiaries (278.37) (109.15)Payment on claim of unpaid dividend (0.01) -Payment of lease liabilities (3.79) (4.82)Finance costs paid (93.13) (116.30)Net cash flows from/(used in) financing activities (340.64) (49.46)Net increase/(decrease) in cash and cash equivalents (A + B + C)71.45 (55.57)Cash and cash equivalents at the beginning of the period 297.92 253.43Cash and cash equivalents at the end of the period 369.37 197.86Components of cash and cash equivalentsCash and cash equivalents as per balance sheetBalances with BanksOn current accounts 460.35 140.93Deposits with original maturity of 3 months or less 30.81 85.53Sub-total 491.16 226.46Less: Cash credit facilities from banks (121.79) (28.60)Cash and cash equivalents reported in statement of cash flow 369.37 197.86Page 3 of 4
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Statement of Unaudited Standalone Financial Results of Puravankara Limited for the quarter and the six months ended September 30, 2026456(a)(b)7For and on behalf of the Board of Directors ofPuravankara LimitedCIN: L45200KA1986PLC051571Ashish Ravi PuravankaraManaging DirectorDIN: 00504524Place: Bengaluru, IndiaDate: November 02, 2026During the current quarter, the Company sold its entire investment in its subsidiary Purva Ruby Properties Private Limited for a consideration of Rs.145.00 crore. The difference between the sale consideration andthe carrying amount of the investment, amounting to Rs.144.99 crore, has been recognised as gain on sale of investment in subsidiary as exceptional items.The Company’s business activity falls within a single reportable segment, i.e., real estate development and related activity. Hence, there are no additional disclosures to be provided under Ind-AS 108 – OperatingSegments with respect to the single reportable segment. Further, the Company is domiciled in India and does not have significant foreign operations.The Company is subject to ongoing legal proceedings in respect of the following matters as summarised below:(i) Deposits and advances of Rs. 43.60 crore (March 31, 2026: Rs. 53.70 crore) towards joint development arrangements and land acquisitions which are subject to legal proceedings related to obtaining clear andmarketable title for underlying properties.(ii) Inventories related to launched project of Rs.82.70 crore (March 31, 2026: Rs. 82.70 crore) under land acquisition proceedings by government authorities.(iii) Other balances of Rs.5.20 crore (March 31, 2026: Rs. 5.20 crore) recoverable from joint development partners and other parties which are subject to litigations.Pending resolution of the aforesaid legal proceedings, no provision has been made towards aforesaid claims and the deposits, advances, inventory and other balances referred above are classified as good andrecoverable in the accompanying standalone financial results based on the legal evaluation by the management of the ultimate outcome of the legal proceedings.A search under section 132 of the Income Tax Act (‘the Act’) was conducted in October 2023 in case of the Company, certain group companies and its promoters. Pursuant to the proceedings of the Income taxauthorities (‘the authorities’), requisite information was provided by the Company to the authorities.The Company has received assessment orders from the authorities disallowing certain expenses on the grounds that the same are not incurred for the purpose of business and other adjustments with potential taximpact of Rs.28.84 crore from AY 2016-17 to AY 2024-25 (March 31, 2026: Rs. 28.84 crore from AY 2016-17 to AY 2024-25). The Company is of the view that these expenses were incurred in the ordinarycourse of business towards its ongoing real estate development projects. The Company has filed appeal against such assessment orders and is reasonably confident of providing necessary supporting evidences to theauthorities in support of allowance of such expenses.Further, the Company had received notice from the authorities under Prohibition of Benami Property Transactions Act, 1988 requiring the Company to submit response as to why Benami proceedings should not beinitiated against the Company and why the Company should not be held as the Beneficial owner for the 43.5 acres of land parcels with carrying value of Rs. 13.20 crore (March 31, 2026: Rs. 13.20 crore). TheCompany has filed responses against such notice to the authorities.Pending resolution of the aforesaid legal proceedings, no provision has been made towards the consequential impact arising from such assessment orders/notices in the accompanying standalone financial results,based on the legal evaluation by the management of the ultimate outcome of the legal proceedings.During the quarter ended 30.09.2026, the following wholly-owned subsidiary of the Company has issued debentures of Rs.100,000 each, aggregating to Rs. 145 crore by way of private placement, which are listedon BSE Limited ('BSE') :(i) Purva Oak Private Limited, has issued 14,500 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures aggregating to Rs. 145 crore. Page 4 of 4
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12th Floor“UB City” Canberra BlockNo. 24, Vittal Mallya RoadBengaluru –560 001, IndiaTel: +91 80 6648 9000 Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited ConsolidatedFinancial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations andDisclosure Requirements) Regulations, 2015, as amendedReview Report toThe Board of DirectorsPuravankara Limited1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results ofPuravankara Limited (the “Holding Company”), its subsidiaries (the Holding Company and itssubsidiaries together referred to as “the Group”) and its associates for the quarter and six months endedSeptember 30, 2026 (the “Statement”) attached herewith, being submitted by the Holding Companypursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and DisclosureRequirements) Regulations, 2015, as amended (the “Listing Regulations”).2. The Holding Company’s Management is responsible for the preparation of the Statement in accordancewith the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 as amended,read with relevant rules issued thereunder and other accounting principles generally accepted in Indiaand in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved bythe Holding Company’s Board of Directors . Our responsibility is to express a conclusion on theStatement based on our review.3. We conducted our review of the Statement in accordance with theStandard on Review Engagements(SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of theEntity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan andperform the review to obtain moderate assurance as to whether the Statement is free of materialmisstatement. A review of interim financial information consists of making inquiries, primarily ofpersons responsible for financial and accounting matters, and applying analytical and other reviewprocedures. A review is substantially less in scope than an audit conducted in accordance with Standardson Auditing and consequently does not enable us to obtain assurance that we would become aware of allsignificant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.We also performed procedures in accordance with the Master Circular issued by the Securities andExchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.4. The Statement includes the results of the following entities:1. Puravankara Limited2. Provident Housing Limited3. Starworth Infrastructure & Construction Limited4. Welworth Lanka (Private) Limited5. Welworth Lanka Holding Private Limited6. Centurions Housing and Constructions Private Limited7. Melmont Construction Private Limited8. Purva Realities Private Limited9. Purva Star Properties Private Limited10. Purva Sapphire Land Private Limited11. Purva Ruby Properties Private Limited (until September 29, 2026)12. Grand Hills developments Private Limited13. Prudential Housing and Infrastructure Development Limited14. T-Hills Private Limited15. Varishtha Property Developers Private Limited16. Purva Property Services Private Limited17. Purva Oak Private Limited18. Purvaland Private Limited19. Provident Meryta Private Limited
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20. Provident Cedar Private Limited21. IBID Home Private Limited22. Devas Global Services LLP23. D.V.Infrahomes Private Limited24. Keppel Puravankara Development Private Limited25. Propmart Technologies Limited26. Sobha Puravankara Aviation Private Limited27. Pune Projects LLP28. Purva Good Earth Properties Private Limited29. Whitefield Ventures30. Purva Woodworks Private Limited31. Purva Asset Management Private Limited32. Provident White Oaks LLP33. Pune BLR 99 Developers LLP34. PPL Khondapur Developers Private Limited35. PPL Hebbal Developers Private Limited36. Purva Blue Agate Private Limited37. Purva Shelters Private Limited38. Purva Blue Dwelling Private Limited39. Purva Blue Home Ventures Private Limited40. NBD Office Park LLP41. KVN Property Holdings LLP5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based onthe consideration of the review reports of other auditors referred to in paragraph 7 below, nothing hascome to our attention that causes us to believe that the accompanying Statement, prepared in accordancewith recognition and measurement principles laid down in the aforesaid Indian Accounting Standards(‘Ind AS’) specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rulesissued thereunder and other accounting principles generally accepted in India, has not disclosed theinformation required to be disclosed in terms of the Listing Regulations, including the manner in whichit is to be disclosed, or that it contains any material misstatement.6.Emphasis of MatterWe draw attention to note 6 to the accompanying consolidated financial results in connection with certainongoing legal proceedings related to property, income tax search and other matters. Our conclusion isnot modified in respect of this matter.7.Other Matter(a) The accompanying Statement includes the interim financial results and other financial information,in respect of:31 subsidiaries, whose unaudited interim financial results include total assets of Rs. 5,894.74crore as at September 30, 2026, total revenues of Rs. 297.52 crore and Rs. 498.77 crore, totalnet profit/(loss) after tax of Rs. 6.12 crore and Rs. 4.08 crore, and total comprehensiveincome/(loss) of Rs. 6.23 crore and Rs. 4.19 crore, for the quarter and six months endedSeptember 30, 2026 respectively, and net cash outflows of Rs. 436.65 crore for the six monthsended September 30, 2026, as considered in the Statement, whose interim financial results andother financial information have been reviewed by other auditors.2 associates whose unaudited interim financial results include Group’s share of net profit/(loss)after tax of Rs. 0.11 crore and Rs. 0.07 crore and Group’s share of total comprehensiveincome/(loss) of Rs. 0.05 crore and Rs. 0.01 crore for the quarter and six months endedSeptember 30, 2026 respectively, as considered in the Statement, whose interim financial resultsand other financial information have been reviewed by other auditors.
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The reports of such other auditors on the unaudited interim financial results and other financialinformation of these entities have been furnished to us by the Management and our conclusion onthe Statement, in so far as it relates to the amounts and disclosures included in respect of theseentities, is based solely on the reports of such other auditors and the procedures performed by us asstated in paragraph 3 above.(b) The accompanying Statement of unaudited consolidated financial results include the financial resultsand other information in respect of:1 subsidiary, whose unaudited interim financial results include total assets of Rs. 19.95 crore asat September 30, 2026, and total revenues of Rs. Nil and Rs. Nil, total net profit/(loss) after taxof Rs. (0.00) crore and Rs. (0.00) crore, total comprehensive income of Rs. (0.00) crore and Rs.(0.00) crore, for the quarter and six months ended September 30, 2026 respectively and net cashoutflows/(inflows) of Rs. Nil for the six months ended September 30, 2026.The unaudited interim financial results and other unaudited financial information of this subsidiaryhave not been reviewed/audited and have been approved and furnished to us by the Managementand our conclusion on the Statement, in so far as it relates to the affairs of this subsidiary, is basedsolely on such unaudited interim financial results and other unaudited financial information.According to the information and explanations given to us by the Management, these interimfinancial results are not material to the Group.Our conclusion on the Statement is not modified in respect of the above matters and our reliance on the workdone and the reports of such other auditors and the financial results and other financial information certifiedby the Management.For S.R. Batliboi & Associates LLPChartered AccountantsICAI Firm registration number: 101049W/E300004per Sudhir Kumar JainPartnerMembership No.: 213157UDIN: 26213157QAAXZJ1545Place: BengaluruDate: November 02, 2026
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(Rs. in crore)Sl.No.Particulars Quarter ended30.09.2026[Unaudited]Preceding Quarterended 30.06.2026[Unaudited]CorrespondingQuarter ended30.09.2025[Unaudited]Year to datefiguresfor the currentperiod ended30.09.2026[Unaudited]Year to datefiguresfor the previousperiod ended30.09.2025[Unaudited]Previous Yearended 31.03.2026[Audited]1Income(a) Revenue from operations 1,032.50 848.72 644.20 1,881.22 1,168.60 3,739.83(b) Other income 18.52 28.43 18.53 46.95 32.77 106.59Total income 1,051.02 877.15 662.73 1,928.17 1,201.37 3,846.422Expenses(a) Sub-contractor cost 650.03 368.64 516.68 1,018.67 922.12 2,025.49(b) Cost of raw materials and components consumed 159.45 96.26 83.25 255.71 160.09 343.80(c) Land purchase cost 67.91 716.33 10.05 784.24 67.78 1,233.51(d) (Increase)/ decrease in inventories ofstock of flats, land stock and work-in-progress(294.41) (796.15) (269.07) (1,090.56) (552.08) (1,499.47)(e) Employee benefits expense 97.38 88.83 81.08 186.21 160.12 311.07(f) Finance cost 180.42 178.94 168.58 359.36 329.48 678.62(g) Depreciation and amortization expense 14.46 12.07 10.52 26.53 20.67 42.00(h) Other expenses 230.87 186.17 118.16 417.04 239.83 633.93Total expenses 1,106.11 851.09 719.25 1,957.20 1,348.01 3,768.953Profit/(loss) before share of profit/(loss) of associates (55.09) 26.06 (56.52) (29.03) (146.64) 77.474Share of profit/(loss) of associates (net of tax) 0.11 (0.04) (0.13) 0.07 (0.09) (0.60)5Profit/(loss) before exceptional items and tax (3+4) (54.98) 26.02 (56.65) (28.96) (146.73) 76.876Exceptional items (refer note 8) 148.83 - - 148.83 - -7Profit/(loss) before tax (5+6) 93.85 26.02 (56.65) 119.87 (146.73) 76.878Tax expense(i) Current tax charge/(credit) 36.74 18.24 8.96 54.98 13.76 58.40(ii) Deferred tax charge/(credit) (26.63) (17.45) (22.62) (44.08) (48.95) (38.28)Total 10.11 0.79 (13.66) 10.90 (35.19) 20.129Net profit/(loss) for the period (7-8) 83.74 25.23 (42.99) 108.97 (111.54) 56.7510Other comprehensive income for the period(i) Items that will not be reclassified to profit and loss - Re-measurement gains/(losses) ondefined benefit plans (2.24) (0.10) 1.13 (2.34) 0.14 1.53(ii) Income tax relating to items that will not be reclassified to profit and loss 0.59 0.02 (0.27) 0.61 (0.02) (0.36)Total (1.65) (0.08) 0.86 (1.73) 0.12 1.1711Total Comprehensive Income for the period[Comprising Net profit/(loss) and Other Comprehensive Income (9+10)] 82.09 25.15 (42.13) 107.24 (111.42) 57.92Attributable to :Owners of the parent 79.47 28.85 (40.93) 108.32 (109.35) 64.88Non-controlling interests 2.62 (3.70) (1.20) (1.08) (2.07) (6.96)Of the Total Comprehensive Income above,Net profit/(loss) attributable to:Owners of the parent 81.12 28.93 (41.79) 110.05 (109.47) 63.71Non-controlling interests 2.62 (3.70) (1.20) (1.08) (2.07) (6.96)Of the Total Comprehensive Income above,Other Comprehensive income attributable to:Owners of the parent (1.65) (0.08) 0.86 (1.73) 0.12 1.17Non-controlling interests - - - - - -12 Earnings per share(of Rs. 5/- each) (not annualised):a) Basic (in Rs.) 3.42 1.22 (1.76) 4.64 (4.61) 2.69b) Diluted (in Rs.) 3.41 1.22 (1.76) 4.63 (4.60) 2.6913 Paid-up equity share capital 118.58 118.58 118.58 118.58 118.58 118.58(Face value of Rs. 5/- each)14 Other equity attributable to owners of the parent as shown in the audited balance sheet ofthe previous year 1,668.99 PURAVANKARA LIMITEDCorporate Identity Number (CIN): L45200KA1986PLC051571Regd. Office: No. 130/1, Ulsoor Road, Bengaluru - 560042, IndiaPhone: +91-80-43439999 Fax: +91-80-2559 9350Email: investors@puravankara.com Website: https://www.puravankara.comStatement of Unaudited Consolidated Financial Results of Puravankara Limited for the quarter and six months ended September 30, 2026 Page 1 of 4
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Statement of Unaudited Consolidated Financial Results of Puravankara Limited for the quarter and six months ended September 30, 2026Notes:12 The consolidated statement of assets and liabilities are as below:(Rs. in crore)Sl.No.ParticularsAs at30.09.2026[Unaudited]As at31.03.2026[Audited]A ASSETS1 Non-Current Assets(a) Property, plant and equipment 295.69 235.33(b) Capital work-in-progress 1.58 0.68(c) Investment property 10.19 10.27(d) Investment property under development 779.61 853.73(e) Other Intangible assets 2.06 2.40(f) Financial assets (i) Investments 31.42 31.69 (ii) Other financial assets 622.49 520.99(g) Deferred tax assets (net) 372.53 333.28(h) Assets for current tax (net) 85.78 110.49(i) Other non-current assets 209.57 180.35Sub-total - Non Current Assets 2,410.92 2,279.212 Current Assets(a) Inventories 12,290.08 11,490.27(b) Financial assets (i) Trade receivables 809.77 786.82 (ii) Cash and cash equivalents 916.52 1,282.56 (iii) Bank balances other than Cash and cash equivalents 275.95 202.05 (iv) Loans 57.77 - (v) Other financial assets 406.24 235.44(c) Other current assets 1,157.23 981.28Sub-total - Current Assets 15,913.56 14,978.42TOTAL ASSETS 18,324.48 17,257.63B EQUITY(a) Equity share capital 118.58 118.58(b) Other equity 1,778.24 1,668.99Equity attributable to owners of the parent 1,896.82 1,787.57 (c) Non-controlling interests (12.86) (11.77)Sub-total - Equity 1,883.96 1,775.80C LIABILITIES1 Non-Current Liabilities(a) Financial liabilities (i) Borrowings 445.43 301.88 (ii) Lease liabilities 13.40 12.03 (iii) Other financial liabilities 2.57 5.30(b) Provisions 14.08 14.13(c) Deferred tax liabilities (net) 9.58 11.44Sub-total - Non Current Liabilities 485.06 344.782 Current Liabilities(a) Financial liabilities (i) Borrowings 4,919.47 5,270.03 (ii) Lease liabilities 11.51 10.62 (iii) Trade payablesa) total outstanding dues of micro enterprises and small enterprises 61.09 59.44b) total outstanding dues of creditors other than micro enterprises and smallenterprises 1,063.47 929.49 (iv) Other financial liabilities 40.43 41.20(b) Other liabilities 9,785.29 8,776.46(c) Provisions 9.20 8.96(d) Current tax liabilities (net) 65.00 40.85Sub-total - Current Liabilities 15,955.46 15,137.05TOTAL EQUITY AND LIABILITIES 18,324.48 17,257.63 The above consolidated financial results of Puravankara Limited ('the Company' or 'the Holding Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of theCompany held on 02.11.2026. The statutory auditors of the Company have carried out a limited review on the above consolidated financial results of the Company for the quarter and six months ended 30.09.2026. Page 2 of 4
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Statement of Unaudited Consolidated Financial Results of Puravankara Limited for the quarter and six months ended September 30, 20263 (Rs. in crore)Sl.No.ParticularsYear to datefiguresfor the currentperiodended 30.09.2026[Unaudited]Year to datefiguresfor the previousperiodended 30.09.2025[Unaudited]A. Cash flow from operating activitiesProfit/(loss) before tax 119.87 (146.73)Adjustments to reconcile profit/(loss) before tax to net cash flowsDepreciation and amortization expense 26.53 20.67Share of (profit)/loss from investment in associates (0.07) 0.09Liabilities/provisions no longer required written-back - (9.63)(Profit)/ loss on sale of property, plant and equipment and investment properties 0.83 (0.45)Exceptional items (148.83) -Loss on claim settlement 9.67 -Provision for expected credit losses 1.64 1.54Employee share based payment expense 0.93 1.91Finance cost 359.36 329.48Fair value (gain)/ loss on investment (0.43) (0.20)Interest income (33.35) (16.67)Net foreign exchange differences (unrealised) (2.62) -Working capital adjustments:(Increase)/ decrease in trade receivables (41.86) (142.79)(Increase)/ decrease in inventories (1,109.18) (560.29)Decrease/(increase) in other financial assets (306.56) (23.93)Decrease/(increase) in other assets (228.71) (183.35)Increase/ (decrease) in trade payables 261.71 99.26Increase/ (decrease) in other financial liabilities 16.21 8.96Increase/ (decrease) in other liabilities 1,077.54 916.23Increase/ (decrease) in provisions (1.59) (1.76)1.09 292.34Income tax paid (net) (4.47) (29.46)Net cash flows from/(used in) operating activities (3.38) 262.88B. Cash flows from investing activitiesPurchase of property, plant and equipment and intangible assets under development(including capital work in progress) (235.45) (20.01)Purchase of intangible assets (0.06) (0.12)Proceeds from sale of property, plant and equipment and investment properties 2.22 0.91Investment in mutual funds - (0.41)Repayment of loans by third parties 82.29 -Consideration received for loss of control of subsidiary, net of cash and cash equivalentsdisposed 137.02 -Redemption from mutual fund and other fund units - 0.99Investment in bank deposits (original maturity of more than three months) (263.20) (362.93)Redemption of bank deposits (original maturity of more than three months) 197.86 341.24Acquisition of subsidiaries, net of cash acquired - (9.87)Interest received 30.48 16.18Net cash flows from / (used in) investing activities (48.84) (34.02)C. Cash flows from financing activitiesProceeds from secured term loans 1,005.96 1,663.16Repayment of secured term loans (1,142.95) (1,295.97)Repayment of commercial papers - (200.00)Proceeds from unsecured term loans 26.88 -Repayment of unsecured loans (7.76) (130.80)Equity contribution by non-controlling interest - 0.11Payment of lease liabilities (7.42) (7.48)Payment on claim of unpaid dividend (0.01) -Acquisition of non-controlling interest - (0.01)Finance costs paid (272.60) (298.52)Net cash flows from / (used in) financing activities (397.90) (269.51)Net increase/(decrease) in cash and cash equivalents (A + B + C)(450.12) (40.65)Cash and cash equivalents at the beginning of the period 1,190.24 600.69Cash and cash equivalents at the end of the period 740.12 560.04Components of cash and cash equivalentsCash and cash equivalents as per balance sheetBalances with BanksOn current accounts 772.06 396.50Deposits with original maturity of 3 months or less 144.24 282.62Cash on hand 0.22 0.28Sub-total 916.52 679.40Less: Cash credit facilities from banks (176.40) (119.36)Cash and cash equivalents reported in statement of cash flow 740.12 560.04 The consolidated statement of cash flows are as below: Page 3 of 4
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Statement of Unaudited Consolidated Financial Results of Puravankara Limited for the quarter and six months ended September 30, 2026456(a)(b)7 Figures for unaudited standalone financial results of the Company for the quarter and six months ended 30.09.2026 are as follows:(Rs. in Crore)Particulars Quarter ended30.09.2026[Unaudited]Preceding Quarterended 30.06.2026[Unaudited]CorrespondingQuarter ended30.09.2025[Unaudited]Year to datefiguresfor the currentperiod ended30.09.2026[Unaudited]Year to datefiguresfor the previousperiod ended30.09.2025[Unaudited]Previous Yearended 31.03.2026[Audited]Revenue from operations 383.04 511.92 334.40 894.96 460.56 2,302.61Profit/(loss) before tax (38.90) 25.95 (47.78) (12.95) (138.18) 96.36Profit/(loss) after tax 94.31 17.87 (36.21) 112.18 (104.36) 70.358For and on behalf of the Board of Directors ofPuravankara LimitedCIN: L45200KA1986PLC051571Ashish Ravi PuravankaraManaging DirectorDIN: 00504524Place: Bengaluru, IndiaDate: November 02, 2026During the current quarter, the Company disposed of its entire equity interest in its subsidiary Purva Ruby Properties Private Limited ("PRPPL") for a consideration of Rs.145.00 crore. Upon completion of thetransaction, the Company ceased to exercise control over the subsidiary. Accordingly, gain on disposal of subsidiary of Rs. 148.83 crore has been recognised as exceptional items. The Group’s business activity falls within a single reportable segment, i.e., real estate development and related activity. Hence, there are no additional disclosures to be provided under Ind-AS 108 – OperatingSegments with respect to the single reportable segment. Further, the Group is domiciled in India and does not have significant foreign operations.Certain entities in the Group are subject to ongoing legal proceedings in respect of the following matters as summarised below:(i) Deposits and advances of Rs.51.31 crore (March 31, 2026: Rs. 61.41 crore) towards joint development arrangements and land acquisitions which are subject to legal proceedings related to obtaining clear andmarketable title for underlying properties.(ii) Claims from minority shareholders of a subsidiary of Rs.35.00 crore (March 31, 2026: Rs. 35.00 crore) towards adherence to project development terms.(iii) Inventories related to launched project of Rs.82.70 crore (March 31, 2026: Rs. 82.70 crore) under land acquisition proceedings by government authorities.(iv) Receivables from customers of Rs.33.10 crore (March 31, 2026: Rs. 58.20 crore) and other balances of Rs.20.40 crore (March 31, 2026: Rs. 17.60 crore) recoverable from joint development partners andother parties which are subject to litigations.Pending resolution of the aforesaid legal proceedings, no provision has been made towards aforesaid claims and the deposits, advances, inventory, receivables and other balances referred above are classified as goodand recoverable in the accompanying consolidated financial results based on the legal evaluation by the management of the ultimate outcome of the legal proceedings.A search under section 132 of the Income Tax Act (‘the Act’) was conducted in October 2023 in case of the Company, certain group companies and its promoters. Pursuant to the proceedings of the Income taxauthorities (‘the authorities’), requisite information was provided by the Group to the authorities.The Company and such group companies have received assessment orders from the authorities disallowing certain expenses on the grounds that the same are not incurred for the purpose of business and otheradjustments with potential tax impact of Rs. 45.08 crore from AY 2016-17 to AY 2024-25 (March 31, 2026: Rs.45.08 crore from AY 2016-17 to AY 2024-25). The Group is of the view that these expenses wereincurred in the ordinary course of business towards its ongoing real estate development projects. The Group has filed appeal against such assessment orders and is reasonably confident of providing necessarysupporting evidences to the authorities in support of allowance of such expenses.Further, the Company had received notice from the authorities under Prohibition of Benami Property Transactions Act, 1988 requiring the Company to submit response as to why Benami proceedings should not beinitiated against the Company and why the Company should not be held as the Beneficial owner for the 43.5 acres of land parcels with carrying value of Rs. 13.20 crore (March 31, 2026: Rs. 13.20 crore). TheCompany has filed responses against such notice to the authorities.Pending resolution of the aforesaid legal proceedings, no provision has been made towards the consequential impact arising from such assessment orders/notices in the accompanying consolidated financial results,based on the legal evaluation by the management of the ultimate outcome of the legal proceedings.The Unaudited standalone financial results for the quarter and six months ended 30.09.2026 can be viewed on the Company website https://www.puravankara.com and also be viewed on the website of NationalStock Exchange of India Ltd. and BSE Ltd. During the quarter ended 30.09.2026, the following wholly-owned subsidiary of the Company has issued debentures of Rs.100,000 each, aggregating to Rs. 145 crore by way of private placement, which are listedon BSE Limited ('BSE') :(i) Purva Oak Private Limited, has issued 14,500 senior, secured, rated, listed, redeemable, transferable, non-convertible debentures aggregating to Rs. 145 crore. Page 4 of 4