In November 2023, Puravankara secured rights to undertake the redevelopment of two housing societies spanning 3 acres in the Lokhandwala area of Andheri West.
BusinessWire India Bengaluru Karnataka [India] May 24 Puravankara Limited BSE 532891 one of India most trusted real estate players announced its financial results today for the fourth quarter Q4FY24 ending March 31 2024 and consolidated results for FY24 Sales soared to Rs 1947 crores in Q4FY24 showcasing an excellent 93 per cent Y-o-Y growth Sales volume for the quarter stood at 235 msft +94 per cent Y-o-Y with a strong collection of Rs 1094 crores +66 per cent Y-o-Y Total revenue for Q4FY24 was Rs 947 crores up by 112 Y-o-Y For FY24 sales stood at Rs 5914 crores a staggering 90 per cent Y-o-Y increase Sales volume increased by 84 to 736 msft with Rs 3609 crores in collections +60 Y-o-Y Total revenue increased by 61 Y-o-Y to Rs 2260 crores Operating cash inflows for FY24 stood at Rs 3948 crores +41 per cent Y-o-Y while net operating surplus was Rs 513 crores +598 per cent Y-o-Y Focused on value creation and future business growth the company has incurred expenses for marketing and sale