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Puravankara Crosses Rs 5914 Cr in Sales Achieves HighestEver Collections in FY24

Puravankara Limited BSE 532891 one of Indias most trusted and admired real estate developers recorded sales of Rs 5914 crores in FY24 an increase of 90 per cent compared to Rs 3107 crores in FY23. Customer collections increased by 60 per cent to Rs 3609 crores for the FY compared to Rs 2258 crores in the previous fiscal.

Puravankara limited

Budget pushes infra growth, PMAY, but leaves homebuyers disappointed

Developers say they look forward to the final budget post-elections and remain hopeful that the government will announce more policy initiatives to encourage housing for all further - both for buyers and promoters.

Ashish puravankaraSandeep runwalSudhir paiRajiva singhDhananjaya padmanabhacharNational real estate development councilReal estate regulatory authorityUnion budgetKarnataka home buyers forumInterim budgetReal estate regulatory actManaging directorPuravankara limitedBudget 2024Udget 2024 25Union budget 2024

Puravankara announces total interim dividend payout of Rs 149 crore for shareholders

During the first nine months of FY24, the company achieved the highest-ever customer collections, totaling Rs 2,515 crore, reflecting an enhancement in operating efficiencies. Cash flow from operations for 9M FY24 stood at Rs 2,826 crore, reflecting a notable increase of 35% for the same period in 9M FY23. Additionally, the operating surplus for 9M FY24 surged to Rs 965 crore, marking a substantial 101% rise from the same period in FY23. The companys current cash balance stands at Rs 822 crore.

Andhra pradeshTamil naduAshish puravankaraAbhishek kapoorManaging directorPuravankara limitedPuravankara dividendDividend payoutPuravankara sharesPuravankara stock target

Puravankara Announces Total Interim Dividend Payout of Rs 149 Crores for Shareholders

Puravankara Announces Total Interim Dividend Payout of Rs 149 Crores for Shareholders
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Abhishek kapoorAshish puravankaraRegister of members the companyPuravankara limitedManaging director

Puravankara Announces Total Interim Dividend Payout of Rs 149 Crores for Shareholders

Puravankara Announces Total Interim Dividend Payout of Rs 149 Crores for Shareholders
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Ashish puravankaraAbhishek kapoorPuravankara limitedRegister of members the companyManaging director