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PURVA — Puravankara News Story

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India's Puravankara gains on posting quarterly profit

BUZZ-India's Puravankara gains on posting quarterly profit

** Shares of India's Puravankara PURA.NS rise as much as 6.07% to 215.48 rupees, last up 4.3%

** Real estate developer reports September-quarter consolidated net profit of 837.4 million rupees ($8.82 million), compared to a consolidated net loss of 429.9 million rupees a year earlier

** Says revenue from operations rises 60.4% Y/Y to 10.33 billion rupees in the quarter

** Stock down 11.4% YTD


($1 = 94.9000 Indian rupees)


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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