Share market

Puravankara Limited, one of India’s most trusted and admired real estate
developers, has recorded a strong sales performance in 9MFY24 with a sales value of Rs 3,967 crores,
an increase of 89 per cent compared to Rs 2,100 crores in 9MFY23. Customer collections increased to
Rs 2,515 crores compared to Rs 1,597 crores in 9MFY23, indicating a jump of 57 per cent Y-o-Y.
Commenting on the company’s performance, Ashish Puravankara, Managing Director,
Puravankara Ltd., said, “The first nine months of FY24 has seen exceptional pre-sales, marking a
strong growth of 89 per cent Y-o-Y.
Achieving our highest-ever collection of Rs 2,515 crores for 9MFY24 and Rs 941 crores for Q3FY24 is a
testament to our significant progress in construction while affirming our commitment to excellence in
quality.
The successful launch of two new projects and a promising pipeline of upcoming launches shows our
confidence in sustaining this positive momentum. Our focus on efficiency and prompt execution has
contributed to these impressive pre-sales and collection numbers.”

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