Image Source : Chennai Properties
Puravankara Ltd. reported robust Q3 performance with collections rising to ₹11.4 billion, up year-on-year, and pre-sales climbing to ₹14.14 billion. The growth reflects strong demand across residential projects, disciplined execution, and resilient customer confidence. The company continues to strengthen its market position with steady cash flows and expanding project pipeline.
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Puravankara’s Q3 Momentum
Puravankara Ltd., one of India’s leading real estate developers, has announced impressive Q3 results, showcasing resilience in a challenging macroeconomic environment. Both collections and pre-sales registered healthy year-on-year growth, underscoring strong demand and effective execution strategies.
Key Highlights
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Collections: Rose to ₹11.4 billion, reflecting improved cash inflows and customer confidence.
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Pre-Sales: Climbed to ₹14.14 billion, highlighting strong demand across residential projects.
Growth Drivers:
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Sustained demand for premium and mid-segment housing.
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Efficient project execution and timely delivery.
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Strengthened customer relationships and repeat buyers.
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Market Context: Despite broader industry challenges, Puravankara’s performance signals resilience and adaptability in India’s real estate sector.
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Strategic Outlook: The company continues to focus on expanding its project pipeline, enhancing operational efficiency, and leveraging demand in key urban markets.
Outlook
Analysts expect Puravankara’s strong Q3 momentum to support sustained growth in FY26, with collections and pre-sales providing a solid foundation for future launches and cash flow stability.
Sources: Economic Times, CNBC TV18
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