Press Release5 Apr 2024, 05:17 pm
Puravankara Ltd Achieves Rs 5,914 Cr in Sales, Highest-Ever Collections in FY24
AI Summary
Puravankara Ltd announced record sales of Rs 5,914 crores in FY24, marking a 90% increase from the previous year. Customer collections also saw a 60% growth to Rs 3,609 crores. The company recorded a sales value of Rs 1,947 crores in Q4FY24, up 93% year-on-year.
Key Highlights
- Achieved highest-ever annual sales value of Rs 5,914 crores in FY24, up 90% YoY.
- Highest-ever quarterly sales value of Rs 1,947 crores for Q4FY24, up 93% YoY.
- Achieved highest-ever annual customer collections of Rs 3,609 crores in FY24, up 60% YoY.
- Average price realisation increased by 2% to Rs 7,916/sft in FY24.
- New project launches in FY24: Purva Sound of Water III (Bengaluru), Purva Ragaam (Chennai), Provident Ecopolitan (Bengaluru), Purva Windermere 4B (Chennai), and Purva Parkhill Wing B (Bengaluru)