Thursday, February 22News That Matters

Tag: Puravankara Limited

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...