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.
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."
"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.
