Puravankara shares rally up to 13% after Q1 revenue jumps 62% YoY; EBITDA margin expands to 25%
Puravankara shares rallied up to 13% to hit a day’s high of Rs 245 on Monday after the real estate developer reported a 62% year-on-year jump in revenue for the quarter ended June, while EBITDA margin expanded to 25%.The company, in its exchange filing, said it had a strong start to FY27, supported by improved realisations and disciplined execution across its residential and commercial portfolio.Puravankara reported a consolidated Profit After Tax (PAT) of Rs 25 crore in Q1FY27, compared with a…