Property sales are conducted by Puravankara Ltd. under the brands Puravankara, Provident Housing, and Purva Land. Puravankara has finished 78 projects totaling around 44 million square feet as of March 2022 in nine cities: Bangalore, Madras, Hyderabad, Coimbatore, Mangaluru, Kochi, Bombay, Pune, and Goa. In addition to active projects, the corporation has a total land bank of about 57 million square feet.
Financial Results:
Puravankara Ltd.’s revenue in Q3FY23 rose 77% to ₹ 392 crores. Consolidated Profit After Tax came at ₹ 22.55 crores in Q3FY23 showcasing a 1,779% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.