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Puravankara reports Q3 sales up 2%, collections up 6%, despite approval delays, with big investment plans.
Puravankara, an Indian real estate firm, reported a 2% rise in Q3FY25 sales to ₹1,265 crore and a 6% increase in customer collections to ₹993 crore compared to the previous year.
For the first nine months of FY25, sales and collections reached ₹3,724 crore and ₹2,991 crore, respectively, with a 19% increase in collections.
Despite facing delays in approvals, Puravankara plans to accelerate its project launches and has invested ₹1,100 crore, targeting a potential gross development value of ₹10,500 crore.
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Puravankara reporta ventas de Q3 hasta 2%, recauda hasta 6%, a pesar de los retrasos de aprobación, con grandes planes de inversión.