<h1>Puravankara Limited sees 16% revenue growth, records Rs 99 crore loss due to Ind AS 115 delays, cost hikes.</h1> Puravankara Limited reported a 16% year-on-year increase in total revenue to Rs 1,529 crores for the first nine months of FY25, with customer collections rising 19% to Rs 2,991 crores. Despite achieving strong operational efficiency, the company recorded a loss of Rs 99 crores under Ind AS 115 due to procedural delays and increased costs from expansion in the West region. However, profits remain positive under the Percentage of Completion method. The company invested Rs 1,236 crores in land acquisition, adding over 7 million square feet to its land bank, with a potential gross development value of over Rs 12,000 crores.