{"id":142680,"date":"2023-02-10T08:49:00","date_gmt":"2023-02-10T13:49:00","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142680"},"modified":"2023-02-23T08:53:47","modified_gmt":"2023-02-23T13:53:47","slug":"puravankara-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/puravankara-limited-q3fy23-earnings-story\/","title":{"rendered":"Puravankara Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n

Property sales are conducted by Puravankara Ltd.<\/a> 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.<\/p>\n\n\n\n

Financial Results:<\/h2>\n\n\n\n

Puravankara Ltd.\u2019s revenue in Q3FY23 rose 77% to \u20b9 392 crores. Consolidated Profit After Tax came at \u20b9 22.55 crores in Q3FY23 showcasing a 1,779% rise on an YoY basis. In this quarter\u2019s\u00a0results<\/a>, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":1885,"featured_media":135085,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,12,6352],"tags":[8708,8892],"class_list":["post-142680","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-other-industries","category-research-summary","tag-housing","tag-real-estate"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1252224581.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140992,"url":"https:\/\/alphastreet.com\/india\/puravankara-limited-q3fy23-1779-growth-in-profits\/","url_meta":{"origin":142680,"position":0},"title":"Puravankara Limited Q3FY23; 1779% Growth in Profits","author":"Karan_Singh","date":"February 10, 2023","format":false,"excerpt":"Puravankara Ltd.\u2019s revenue in Q3FY23 rose 77% to \u20b9 392 crores. Consolidated Profit After Tax came at \u20b9 22.55 crores in Q3FY23 showcasing a 1,779% rise on an YoY basis. In this quarter\u2019s\u00a0results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PURVA.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PURVA.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PURVA.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PURVA.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/Q3FY23-PURVA.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":144687,"url":"https:\/\/alphastreet.com\/india\/puravankara-ltd-a-real-estate-growth-story\/","url_meta":{"origin":142680,"position":1},"title":"Puravankara Ltd.: A Real Estate Growth Story","author":"Karan_Singh","date":"May 1, 2023","format":false,"excerpt":"\u201cIn general, the Indian real estate market is demonstrating robust growth and resurgence with the new facilities arising due to sustained market conditions. The Indian economy is displaying stability, robustness, and we have a positive outlook on it. Our attention on our new projects, we will persist in expanding our\u2026","rel":"","context":"In "Realty"","block_context":{"text":"Realty","link":"https:\/\/alphastreet.com\/india\/category\/realty\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/iStock-1319855968.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/iStock-1319855968.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/iStock-1319855968.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/iStock-1319855968.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":148114,"url":"https:\/\/alphastreet.com\/india\/puravankara-ltd-q4fy23-results-out-revenue-grows-by-over-31\/","url_meta":{"origin":142680,"position":2},"title":"Puravankara Ltd Q4FY23 results out, revenue grows by over 31%","author":"Chirag Gupta","date":"June 2, 2023","format":false,"excerpt":"Company is in the business of development and sale of real estate. Projects in metro cities like Bengaluru, Hyderabad, Chennai, Kolkata, Mumbai, Pune and Goa. Company has completed 43 million square feet covering 74 projects. Puravankara Ltd reported Total revenue for Q4 FY23 of \u20b9389 Crore, up from \u20b9296 Crore\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":156203,"url":"https:\/\/alphastreet.com\/india\/puravankara-ltd-q2-fy24-earnings-conference-call-insights\/","url_meta":{"origin":142680,"position":3},"title":"Puravankara Ltd Q2 FY24 Earnings Conference Call Insights","author":"Praveen","date":"November 14, 2023","format":false,"excerpt":"Key highlights from Puravankara Ltd (PURVA) Q2 FY24 Earnings Concall Business Performance Achieved highest ever quarterly sales value of INR1,600 crores in Q2 FY24, a 102% increase from INR791 crores in Q2 FY23. 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