Puravankara Q2 pre-sales up 62% YoY at Rs 2,136 crore
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Puravankara reported strong Q2FY27 results with pre-sales of Rs 2,136 crore (up 62% YoY from Rs 1,322 crore), customer collections of Rs 1,301 crore (up 24% YoY), sales area of 1.83 msft (up 22%), and average price realisation up 32% at Rs 11,651 per sqft. H1FY27 pipeline additions totalled Rs 14,100 crore GDV across Bengaluru, Mumbai, and Greater Noida, marking entry into Delhi-NCR. Also sold commercial property Purva Zentech at Rs 625.94 crore enterprise value. Handed over 977 homes in the quarter.
Robust growth across pre-sales, collections, and pricing shows healthy demand and execution. Strong pipeline additions and NCR entry position future growth. Positive for shareholders.