Latest Breaking News On - Ugust 12 ani businesswire india puravankara limited announced its results for the first quarter of fy23 recorded highest ever sales rs 513 crores from ongoing projects - Page 1 : comparemela.com
Bengaluru (Karnataka) [India], August 12 (ANI/BusinessWire India): Puravankara Limited announced its results for the first quarter of FY23. - Recorded highest ever first-quarter sales of Rs 513 crores from ongoing projects, area sold stood at 0.69 msft - Profit After Tax for Q1FY23 at Rs 35 Crore up 258 per cent qoq - Operating inflows stood at Rs 667 Cr up 16 per cent qoq Commenting on the company's performance, Ashish R Puravankara, Managing Director, Puravankara Limited, said, "We believe India's real estate will continue to witness sustained growth momentum, which will be fueled by favourable market forces, government measures, and positive customer sentiment. We are delighted that the new financial year has begun on a positive note, with the Company achieving its highest ever sales in the first quarter of any financial year. And this is remarkable as it has been achieved in an inflationary environment and without any new launches. Despite the challenging environment,