Nimbus Projects Ltd Reports Strong Q3 Growth in Collections and Presales

Nimbus Projects Ltd has reported impressive financial and operational growth for the December quarter, underscoring its resilience in India’s real estate market. Customer collections increased sharply by 254% year-on-year to ₹758.7 million, driven by strong project execution and improved buyer confidence.

Presales booking value also rose significantly to ₹1.48 billion, reflecting heightened demand across residential projects and effective sales strategies. The company’s performance demonstrates its ability to capture market opportunities while maintaining operational discipline.

Key Highlights

• Customer Collections: ₹758.7 million, up 254% year-on-year.
• Presales Bookings: ₹1.48 billion, showing strong demand momentum.
• Operational Strength: Improved project execution and buyer confidence.
• Market Position: Reinforces Nimbus Projects’ growth trajectory in real estate.
• Sector Outlook: Positive momentum in housing demand supports future expansion.

With strong collections and presales growth, Nimbus Projects Ltd is well-positioned to leverage India’s real estate recovery, focusing on sustainable growth and customer-centric strategies.

Sources: Company announcement, Reuters, Business Standard