Puravankara up on maximum-ever sales for FY23

Puravankara up on maximum-ever sales for FY23

by admin- Wednesday, April 12th, 2023 03:36:30 PM


Shares of Puravankara received 5% to Rs. 79.72, after the organisation’s sale cost multiplied by 21% to Rs 1,007 Crore in Q4 FY23 from Rs 831 Crore in Q4 FY22.

Achieved the highest ever sale fee of Rs. 3,107 Crore for FY23, the best in any monetary 12 months considering inception. A significant growth of 29% compared to Rs. 2,407 Crores in FY22.

Impressive growth in income is accompanied via an similarly magnificent increase in consumer collections from the real estate commercial enterprise, which extended to Rs. 2,258 Crore in FY23 in evaluation to the consumer collection of Rs. 1,440 Crore in FY22. This implies a whopping bounce of fifty seven%.

Average charge cognizance expanded by 14% to Rs. 7,768/sft at some point of FY23 from 6,838/sft in FY22.

Achieved highest ever sale price of Rs. 1,007 Crore for the fourth region of any financial 12 months considering inception. Up via 21% in comparison to Rs. 831 Crore in Q4FY22.

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