Pranav Constructions Limited reported a consolidated net profit of ₹143.76 crore for the quarter ended June 30, 2026 (Q1FY27). Revenue from operations clocked in at ₹1,645.40 crore, marking a year-on-year increase compared to the corresponding period last fiscal.

The Mumbai-based real estate developer disclosed these unaudited financial results following the approval of its Board of Directors on October 1, 2026. The standalone net profit for the same period was reported at ₹143.80 crore. The company’s operations are confined to India and fall under the single reportable segment of real estate development.

Financial Performance Overview

The company demonstrated steady top-line growth in the first quarter of FY27. Total income, including other income, rose to ₹1,649.64 crore from ₹1,427.03 crore in Q1FY26. The cost of projects remained the primary expense head, accounting for ₹1,112.50 crore during the quarter.

What the Numbers Show

A closer look at the expense structure reveals that while revenue grew by approximately 15.7% YoY, profit before tax expanded by a more significant 44.2%. This disproportionate jump in profitability suggests improved operational efficiency or favorable project mix realization during the quarter. Finance costs saw a notable rise to ₹101.87 crore from ₹77.47 crore in the year-ago period, indicating increased leverage or interest obligations despite the strong bottom-line performance.

IPO and Corporate Developments

The financial results cover the period prior to the company’s public listing. Subsequent to the quarter ended June 30, 2026, Pranav Constructions completed its Initial Public Offer (IPO). The issue comprised a fresh issue of 2,54,51,612 equity shares aggregating to ₹3,156.00 crore and an offer for sale of 28,56,869 equity shares aggregating to ₹354.25 crore by selling shareholders.

The equity shares were listed on BSE Limited and National Stock Exchange of India Limited on September 15, 2026. The statutory auditors, MSKA & Associates LLP, have expressed an unmodified conclusion on the consolidated unaudited financial results.

Pranav Constructions Limited has formally updated its corporate records to reflect its new status as a listed entity. The change follows the recent listing of the company's equity shares on both the BSE and National Stock Exchange (NSE).

The Ministry of Corporate Affairs (MCA) has modified the Company Master Data to align with this development. Consequently, the company's Corporate Identification Number (CIN) has been revised, and its operational status has shifted from "Unlisted" to "Listed."

Regulatory filings and record updates

The company filed an intimation with both stock exchanges on September 26, 2026, confirming that the MCA had processed the application for these changes. The update ensures that public records accurately reflect the company's current market standing.

The prefix in the CIN changed from "U" (denoting unlisted public companies) to "L" (denoting listed public companies), a standard regulatory requirement upon successful listing.

Company profile and capital structure

Incorporated on July 31, 2003, Pranav Constructions is a public limited company registered under the Registrar of Companies (ROC) Mumbai I. The company maintains an active compliance status with the MCA.

The paid-up capital of ₹112.62 crore represents approximately 94.6% of the authorized capital of ₹119.00 crore, indicating a high utilization of the company's authorized equity base. The company is classified as a non-government company limited by shares.