Puravankara reports that its Q1 pre-sales, or sales bookings, increase 28% year-on-year to ₹1,439 crore, supported by higher volumes and price growth, according to both sources. The company also reports collections from customers rise 40% year-on-year to ₹1,199 crore. In addition, Business Standard says average price realisation increases 18%, reflecting pricing support alongside demand. The developer attributes the growth to stronger customer demand during the quarter. Business Standard further notes that Puravankara reaffirms its FY27 sales guidance, indicating it expects the higher momentum to continue in line with its planned performance for the financial year. Business Line similarly highlights the increase in sales bookings and ties it to improved volumes and pricing. Overall, the reported figures point to both volume-led and price-led growth in the quarter, with customer collections expanding faster than bookings.
Puravankara Q1 pre-sales rise 28% to ₹1,439 crore on higher volumes
Puravankara reports that its Q1 pre-sales, or sales bookings, increase 28% year-on-year to ₹1,439 crore, supported by higher volumes and price growth, according to both sources. The company also repor...
- Puravankara’s Q1 sales bookings (pre-sales) rise 28% year-on-year to ₹1,439 crore.
- Collections from customers increase 40% year-on-year to ₹1,199 crore.
- Average price realisation increases 18% year-on-year.
- The company cites higher volumes and price growth as drivers.
- Puravankara reaffirms its FY27 sales guidance.
The Bengaluru-based real estate developer reported a 40 per cent rise in collections and an 18 per cent increase in average price realisation, while reaffirming its FY27 sales guidance
13 hours agoThe collection of funds from customers rose 40 per cent year-on-year (YoY) to ₹1,199 crore.
14 hours agoNCAA women’s tournament plans new seeding approach based on true ranking
The NCAA women’s basketball tournament is set to introduce a new seeding method next year that aims to place the top 16...
Saskatchewan RCMP Respond to 177 Calls During Craven Country Thunder Festival
Saskatchewan RCMP report responding to 177 calls during the Craven Country Thunder Music Festival. The festival takes pl...
Two no-reserve listings offer refinished Fuchs wheels for Porsche 911
Two separate online listings on Bring a Trailer offer sets of forged Porsche 911 Fuchs wheels under no-reserve bidding....