Puravankara Q2 pre-sales jump 62% YoY to about Rs 2,136 crore
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Puravankara reported Q2 FY27 pre-sales of Rs 2,136 crore, up 62% YoY from Rs 1,322 crore. Collections rose 24% to Rs 1,301 crore. Sales area grew 22% to 1.83 msft, with average price realisation up 32% at Rs 11,651 per sq ft. The company added 6.51 msft of pipeline with Rs 8,900 crore GDV, taking H1FY27 additions to 10.74 msft and Rs 14,100 crore GDV across Bengaluru, Mumbai and Greater Noida. It also completed the sale of Purva Zentech commercial property for Rs 625.94 crore to an ICICI Prudential AMC-backed entity.
Strong growth across sales, collections and pricing signals robust demand and healthy cash flows, positive for shareholders.