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Tag: Puravankara Limited

Puravankara Acquires 7-Acre Land Parcel in Hebbagodi, Bengaluru, with Potential GDV of Rs. 900 Crore

Puravankara Acquires 7-Acre Land Parcel in Hebbagodi, Bengaluru, with Potential GDV of Rs. 900 Crore

Home Improvement, News
Bengaluru, Karnataka, India: Wednesday, July 3, 2024 9:42AM IST (4:12AM GMT Puravankara Limited, one of India’s most trusted and admired real estate developers, has announced the acquisition of a 7.26-acre land parcel in Hebbagodi, Bengaluru. Hebbagodi is strategically located near Electronics City and is well-connected to other parts of the city, making it an attractive location for residential developments. The area is a desirable location for IT professionals working in Electronics City. The area has a well-developed social infrastructure, with major hospitals, international schools and retail, and the IT hub of Electronics City Phase 1 and Phase 2, located within a 5-km radius. The land parcel is also close to the Hebbagodi Metro Station. The proximity to IT campuses and the growin...
Puravankara Reports Profit of Rs 78 Crores in Q3 FY24, Revenue up by 45%

Puravankara Reports Profit of Rs 78 Crores in Q3 FY24, Revenue up by 45%

Business & Finance
Tuesday, January 23, 2024 4:49PM IST (11:19AM GMT) Bengaluru, Karnataka, India: Puravankara Limited (BSE: 532891), one of India’s most trusted and admired real estate players, announced its financial results today for the third quarter (Q3FY24) ending December 31, 2023. The company posted a profit of Rs 78 crores in Q3FY24 (+266 per cent Y-o-Y). Sales soared to Rs 1,241 crores in Q3FY24 (+56 per cent Y-o-Y). Sales volume for the quarter stood at 1.63 msft (+60 per cent Y-o-Y) with a strong collection of Rs 941 crores (+52 per cent Y-o-Y). Operating cash inflows for 9MFY24 stood at Rs 2,826 crores (+35 per cent Y-o-Y), and revenue from operations stood at Rs 596 crores (+45 per cent Y-o-Y). Operating surplus for 9M FY24 stood at Rs 965 crores (+101% Y-o-Y). The c...