Shares of Puravankara Limited surged sharply on Monday, rising 17.28% to an intraday high of ₹229 apiece on the National Stock Exchange, after the company reported a robust operational update for the fourth quarter of FY26.

Strong Q4 sales drive rally

The rally was triggered by the company’s March quarter operational performance. Puravankara reported pre-sales of ₹3,547 crore in Q4FY26, marking a 190% year-on-year jump and its highest-ever quarterly sales.

For the full financial year, pre-sales stood at ₹7,407 crore, up 55% YoY, surpassing the company’s earlier guidance.

Collections during the quarter came in at ₹1,213 crore, up 36% YoY, while annual collections rose to ₹4,258 crore. The company also delivered over 1,300 homes during the quarter, indicating steady execution.

Pipeline visibility remains strong

The company highlighted a strong launch pipeline, with plans to roll out around 30 projects over the next two years. The total pipeline stands at over 51 million sq ft, with an estimated gross development value exceeding ₹55,000 crore.

Improved price realisations across projects also supported the overall operational performance, indicating sustained demand in key residential markets.

Benchmark indices fall

The sharp upmove in Puravankara came on a day when broader markets were under pressure. The BSE Sensex declined over 1,500 points, while the Nifty 50 slipped below the 23,600 mark during the session.

The weakness in benchmark indices was attributed to negative global cues, and a sharp surge in the crude oil price.

Q4 earnings date awaited

The company has so far released only its operational update for the March quarter. The detailed financial results for Q4FY26 are yet to be announced, and will provide clarity on margins, profitability and overall earnings performance.