Press Release – Puravankara
| Photo Credit:
GRJGM
Puravankara Limited has reported pre-sales of ₹1,124 crore in Q1 FY26, up by 6 per cent year-on-year (y-o-y). The average price realisation was up by 9 per cent (y-o-y), while customer collections for the quarter stood at ₹857 crore.
Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara Ltd., said, In Q1FY26, despite no new launches, we recorded a 6 per cent year-on-year growth in pre-sales, and we are particularly excited about the momentum in our redevelopment strategy in Mumbai, where we have recently been selected as the preferred developer to redevelop eight housing societies in Chembur, unlocking a GDV potential of over ₹2,100 crore. This marks a significant step forward in our efforts to create value in established urban locations.
The shares of the company closed at ₹288.05, down by 0.98 per cent on the BSE on Friday.
Published on July 11, 2025