
Business Update10 Jan 2024, 03:18 pm
Puravankara Limited Reports Strong Sales Figures for Q3FY24
AI Summary
Puravankara Limited has announced its operational update for the quarter ended December 31, 2023, reporting strong sales figures. The company achieved sales value of Rs 3,967 crores in 9MFY24, up by 89% compared to Rs 2,100 crores in 9MFY23. The company also achieved highest-ever customer collections from the real estate business, which increased to Rs 941 crores in Q3FY24 compared to Rs 621 crores in Q3FY23, up by 52% y-o-y. The company has launched two new projects in this quarter, totaling 3.76 million square feet.,
Key Highlights
- Strong sales figures for Q3FY24
- 89% increase in sales value compared to 9MFY23
- Highest-ever customer collections from the real estate business
- Launched two new projects in this quarter