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Puravankara shatters previous records with Rs 5,914 cr sales in FY24

Compared to Rs 2258 cr in previous fiscal

Puravankara has recorded sales of Rs 5,914 crores in FY24, an increase of 90 per cent compared to Rs 3,107 crores in FY23. Customer collections increased by 60 per cent to Rs 3,609 crores for the FY, compared to Rs 2,258 crores in the previous fiscal.

For the quarter ended March 31, the company recorded a sales value of Rs 1,947 crores, up 93 per cent from Rs 1,007 crores for the same period last year.

Ashish Puravankara, MD, Puravankara, said, “Puravankara has achieved a significant milestone by surpassing Rs. 5,900 crore sales showcasing our customer-centric ethos and focus on quality. We are also thrilled to announce our highest-ever collection of Rs 3,609 crores for FY24. This reflects our steadfast dedication to operations and delivery, ensuring significant construction progress. It is also a testimony to customers’ increasing trust in brand Puravankara. With successful new launches and an optimistic outlook for upcoming projects, we are now focused on replenishing our inventory with new land acquisitions. We stay committed to building international quality products, keeping the customer at the centre of our strategy.”