Puravankara's FY25 sales cross Rs 10B, collections up 9 per cent

21 Apr 2025 CW Team

Bengaluru-based real estate firm Puravankara clocked Rs 39.37 billion in customer collections in FY25, up 9 per cent from Rs 36.09 billion in the previous fiscal. Q4 collections stood at Rs 9.46 billion, the company said in its operational update.

Pre-sales for the March quarter reached Rs 12.82 billion, taking total sales for the year to Rs 50 billion. Sustenance sales rose 22 per cent to Rs 42.23 billion, while average price realisation improved 10 per cent.

“We’ve achieved our highest-ever sustenance sales this year, led by strong absorption across ongoing projects,” said Ashish Puravankara, MD of the company. “We continue to command a price premium, with a 10 per cent gain in average realisation and higher absorption.”

The group invested over Rs 13 billion during the year to acquire around 8 million sq ft of land with a potential GDV exceeding Rs 130 billion.

It now has a 13 million sq ft launch pipeline for FY26—9 million sq ft of new projects and 4 million sq ft in new phases. About 5 million sq ft is in the final stages of approval and is likely to go live in the next two quarters.

Shares of Puravankara ended 0.93 per cent higher at Rs 228.50 on the BSE.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..