Quarterly Result30 May 2025, 05:22 pm
Puravankara Closes FY25 with Rs 3,937 Cr Collections, Up 9% YoY; Enters Golden Jubilee Year
AI Summary
Puravankara Limited, a trusted real estate developer, announced its Q4FY25 and FY25 results. The company reported robust pre-sales of Rs 5,006 crore in FY25, with a 10% year-on-year increase in sales realisation. Collections stood at Rs 3,937 crore, reflecting a 9% growth over the previous year. Total revenue came in at Rs 2,093 crore. The company also announced a strategic joint venture to develop a 24.59-acre land parcel in North Bengaluru. During FY 24-25, Puravankara expanded its presence in Western India, acquiring four marquee projects. The company is poised for substantial growth in its West portfolio and continues to invest in its Grade A commercial portfolio.
Key Highlights
- Puravankara reported robust pre-sales of Rs 5,006 crore in FY25, with a 10% year-on-year increase in sales realisation.
- Collections stood at Rs 3,937 crore, reflecting a 9% growth over the previous year.
- The company announced a strategic joint venture to develop a 24.59-acre land parcel in North Bengaluru.
- During FY 24-25, Puravankara expanded its presence in Western India, acquiring four marquee projects.
- The company is poised for substantial growth in its West portfolio and continues to invest in its Grade A commercial portfolio.