Puravankara Ltd - 532891 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
The transcript of the earnings call held on 11th August, 2023.18-08-2023
18-08-2023
Puravankara to launch 7.6 million sq ft of residential projects this fiscal, eyes topline of Rs 5,000 crore
The company is also looking forward to deploying Rs 300 crore of alternate investment funds across Bengaluru and Chennai by the end of this year.17-08-2023
Puravankara Ltd - 532891 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Copy of newspaper publication for un-audited standalone and consolidated financial results for quarter ended 30 June 202314-08-2023
Q1FY24 Quarterly Result Announced for Puravankara Ltd.
Realty company Puravankara announced Q1FY24 results: Sales volume for Q1FY24 stood at 1.36 msft, up by 97% YoY with a strong collection of Rs 696 crore (+52% YoY). Average price realisation increased by 11% to Rs 8,227/sq ft during Q1FY24, up from Rs 7,436/sq ft in Q1FY23. Operating cash inflows stood at Rs 866 crore (+30% YoY) Revenue from projects stood at Rs 323 crore (+50% YoY) EBITDA stood at Rs 75 crore (-46% YoY) Loss of Rs 17 crore as compared to a profit of Rs 35 crore in Q1FY23 Sales value stood at Rs 1,126 crore (+119% YoY) The net debt stood at Rs 2,119 crore and the net debt to equity ratio stood at 1.07 for Q1FY24. Net debt has reduced by 89 crore compared to Q4FY23. Commenting on the company’s performance, Ashish Puravankara, Managing Director, Puravankara, said, “The results for Q1FY24 show a strong start to the new fiscal year. Pre-sales have more than doubled (119% growth YoY) vs Q1FY23. With a robust pipeline of 15 million square feet of new launches this year, we are confident of continuing to drive our pre-sales growth momentum. We are actively pursuing potential acquisitions across regions in all our product categories, in line with our growth plans for the upcoming financial years.” Result PDF14-08-2023
Puravankara Ltd - 532891 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the earnings webcast held today i.e. Friday, 11th August, 2023, on unaudited Financial Results (Consolidated and Standalone) of the Company for the quarter ended 30th June 2023, is available on the Company's website.11-08-2023
Puravankara posts Rs 17 crore loss in Q1, revenue up by 50% YoY
The company recorded sales of Rs 1,126 crore for developing 1.36 million square feet (msf) in the quarter ended June 3011-08-2023
Puravankara Ltd - 532891 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Puravankara Limited Q1 revenue at Rs. 323 Cr, up 50% y-o-y; pre sales of Rs. 1,126 Cr. delivers 119% growth.11-08-2023
Puravankara Ltd - 532891 - Announcement under Regulation 30 (LODR)-Investor Presentation
The investor presentation dated 11.08.2023 for the quarter ended 30.06.202311-08-2023
Puravankara Ltd - 532891 - The Board In Its Meeting Held Today Considered And Appoved The Consolidated & Standalone Un-Audited Financial Results Of The Company For The Quarter Ended June 30, 2023 Along With LRR
The Board in its meeting held today considered and approved the consolidated and standalone un-audited financial results of the Company for the quarter ended 30.06.2023 along with LRR11-08-2023
Puravankara Ltd - 532891 - Board Meeting Outcome for Outcome Of The Board Meeting Held On 11.08.2023
The Board in its meeting held today: 1. Consideration and approval of the Consolidated & Standalone un-audited Financial Results of the Company for the quarter ended June 30, 2023 along with the Limited Review Report. 2. 2. Consideration and approval of re-appointment of M/s. JKS & Co. (Firm Registration No.: P2015KR040800), Company Secretaries as the Secretarial Auditors of the Company for the financial year 2023-24 and remuneration payable to them.11-08-2023