Puravankara keeps ₹11,200 crore sales target despite delays
In short
Puravankara said it made ₹3,600 crore in pre-sales in the first half of the year, which was below what it had planned. Even so, it still expects to reach its ₹11,200 crore sales target.
The company is counting on new Bengaluru launches and delayed approvals to help in the second half of FY27. It is not clear how much the delays will affect the final outcome.
What the reporting says
Puravankara reported ₹3,600 crore in first-half pre-sales, below internal expectations, but said it still expects to meet its ₹11,200 crore sales target. The CNBC TV18 summary says new Bengaluru launches and delayed approvals are expected to support second-half FY27 sales. The immediate consequence is that the company is leaning on future launches to recover momentum, while the timing and extent of approval delays remain unclear.
Why it matters
Puravankara reported first-half pre-sales of ₹3,600 crore, below internal expectations, and said it still plans to hit its ₹11,200 crore sales target. The summary says the company expects new Bengaluru launches and delayed approvals to improve sales in the second half of FY27. The main unknown is how much the approval delays have slowed the pipeline and whether the target remains achievable.