Shares of Puravankara Ltd were trading 1.67% lower at ₹224.85 on Wednesday following the company’s operational update for the fourth quarter and full year ended March 31, 2025. The dip came after the company reported a 5% quarter-on-quarter drop in collections for Q4 FY25, despite a rise in pre-sales.
In Q4 FY25, the company reported collections of ₹946 crore, down from the previous quarter. However, pre-sales edged up 1.34% sequentially to ₹1,282 crore. On a full-year basis, Puravankara achieved collections of ₹3,937 crore in FY25, marking a 9% YoY growth from ₹3,609 crore in FY24.
Full-year pre-sales touched ₹5,006 crore, led by robust sustenance sales that grew 22% YoY to ₹4,223 crore. The company also reported a strong increase in average price realisation, which stood at ₹8,830 per sq. ft. for FY25, up 10% YoY. For Q4 alone, the realisation was ₹9,031 per sq. ft., a 9% improvement from ₹8,285 per sq. ft. in Q4FY24.
In terms of expansion, Puravankara invested over ₹1,300 crore during FY25 to acquire land spanning around 8 million sq. ft., with an estimated gross development value (GDV) of over ₹13,000 crore. A major development was the launch of the ‘Purva Panorama’ project in Thane, Mumbai, with a total development potential of 3 million sq. ft.
For FY26, the company has outlined a launch pipeline exceeding 13 million sq. ft., including 9 million sq. ft. of new launches and 4 million sq. ft. of additional phases. Of this, 5 million sq. ft. is already in advanced approval stages and expected to launch in the next two quarters.
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