PVP Ventures Limited returned to profitability in the financial year ended March 31, 2026, reporting a net profit of ₹90.99 lakh compared to a net loss of ₹390.40 lakh in the previous year. The turnaround was driven by a significant increase in total income, which rose to ₹5,341.55 lakh from ₹2,818.48 lakh year-on-year, alongside a reversal of provisions related to Goods and Services Tax (GST) liabilities following a favourable court order.

Standalone Financial Performance

For the quarter ended March 31, 2026, the company reported a standalone net profit of ₹628.27 lakh, a sharp increase from ₹597.89 lakh in the same period last year. Revenue from operations for the quarter stood at ₹1,062.33 lakh, while other income contributed ₹1,041.10 lakh. Total expenses for the year increased to ₹4,931.25 lakh from ₹2,693.34 lakh, primarily due to higher finance costs which surged to ₹3,154.31 lakh from ₹361.80 lakh.

Key Developments and Provisions

The Board of Directors, in its meeting held on May 29, 2026, approved the audited standalone and consolidated financial results. The company reversed a provision for contingencies amounting to ₹75.03 lakh during the year after the Madras High Court passed an order in its favour regarding a GST demand. The company had received a show cause notice from the Directorate General of GST Intelligence demanding ₹1,375.06 lakh, including penalty.

The board also approved, in-principle, the amalgamation of its wholly-owned subsidiary, PVP Corporate Parks Private Limited, with the company, subject to statutory and regulatory approvals. Additionally, the company reconstituted its Board committees, including the Audit Committee and Stakeholders Relationship Committee, effective May 29, 2026.

Consolidated Results

On a consolidated basis, the group reported a net loss of ₹996.35 lakh for FY26, wider than the net loss of ₹856.11 lakh in the previous year. Total consolidated income for the year rose to ₹11,296.21 lakh from ₹3,861.18 lakh. The segment results identified Real Estate and Health Care Services as primary reportable segments, with Health Care Services contributing significantly to the total revenue of ₹8,971.09 lakh for the year.

PVP Ventures Limited has announced that its board of directors will meet on Friday, May 29, 2026, to consider and approve the audited financial results for the quarter and fiscal year ended March 31, 2026. The meeting is scheduled to commence at 11:00 AM IST and will be conducted through video conferencing or other audio-visual means.

The board will review both the standalone and consolidated financial statements for the fourth quarter of the fiscal year 2026. This meeting is being held pursuant to Regulations 29 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In conjunction with the upcoming results, the company has implemented a trading window closure. This restriction applies to directors, designated persons, insiders, and their immediate relatives. The window closed on April 1, 2026, and will remain closed until 48 hours after the declaration of the audited financial results for the period ending March 31, 2026.

Key Meeting Details

The company has requested the stock exchanges to take the intimation of this board meeting on record. PVP Ventures Limited is listed on both the BSE and NSE.