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Puravankara has registered highest-ever sale value of Rs 1,126 crore in any quarter. Sales value zoomed 119 percent YoY and 12 percent QoQ to Rs 1,126 crore in Q1 FY24. ....
Puravankara Ltd experienced the highest-ever sale value of Rs 1,126 crore ($152m) in Q1 of the current fiscal year, marking a 119% increase YoY. Company MD, Ashish Puravankara, commented on the remarkable achievement, attributing it to a larger market share, dedicated growth strategies, continued execution, and increased collections of 52% YoY. The company has completed 80 projects in nine cities, with a total land bank of 45 million square feet and ongoing projects adding up to 28 million square feet. ....
The company’s net debt stood at Rs 2,208 crore and the net debt-to-equity ratio stood at 1:11 for Q4FY23, whereas, the weighted average cost of debt stood at 11.31 per cent as of 31 March 2023, , Puravankara ....
The Board of Directors of Puravankara Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023. ....