Puravankara Q1 Sales Up 6% to ₹1,124 Cr

Bengaluru, Jul 11 (PTI) Realty firm Puravankara Ltd's sales bookings rose per cent to Rs 1,124 crore in the first quarter of this fiscal year on higher price realisation.

In a regulatory filing on Friday, the company said it achieved sales value of Rs 1,124 crore for April-June quarter as against Rs 1,064 crore in the year-ago period.

Sales volume dipped to 1.25 million sq ft from 1.29 million sq ft.


However, the average price realisation increased to Rs 8,988 per sq ft from Rs 8,246 per sq ft.

Puravankara has completed more than 90 projects measuring around 53 million sq ft across nine cities -- Bengaluru, Chennai, Hyderabad, Coimbatore, Mangaluru, Kochi, Mumbai, Pune, and Goa.

The company has a land bank of 25 million sq ft and ongoing projects add up to 37 million sq ft.