Advertisement
X

Puravankara Pre-Sales at Rs 1,282 Crores in Q4FY25, Collections Up 9% Y-o-Y at Rs 946 Crores

Price realisation increased to Rs 8,830 per square feet from Rs 8,035 per square feet in FY25

Puravankara Reports 9% YoY Growth in FY25 Customer Collections, Reaches Rs 3,937 Crores

Puravankara Limited, on April 16, reported customer collections of Rs 3,937 crores in FY25, reflecting a 9% year-on-year growth compared to Rs 3,609 crores in FY24.

Advertisement

The real estate firm also announced a strong performance in Q4FY25 with collections of Rs 946 crores and pre-sales of Rs 1,282 crores, bringing the total sales value for FY25 to Rs 5,006 crores.

Sustenance sales at Rs 4,223 crores, grew by 22% y-o-y, while the average price realisation increased by 10% during the financial year.

Commenting on the company's performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said, “We are pleased to report a 9% YoY growth in collections, reaching Rs 3,937 crore in FY25, a testament to our operational efficiency. Our pre-sales for the year stood at Rs 5,006 crores in FY25. We have achieved the highest-ever sustenance sales this year, growing by 22% y-o-y, driven by strong absorption in ongoing projects. Puravankara Group continues to command a price premium and has achieved 10% increase in average price realisation along with increased absorption during the year."

Advertisement

"During FY25, Puravankara Group invested over Rs 1,300 crores to secure land with total area of approx. 8 msft with estimated potential GDV of over Rs 13,000 crores. This has been the highest ever annual investment in land acquisition demonstrating our ability to grow sustainably," he added.

Show comments