Puravankara Ltd. posted a 28% year-on-year increase in Q1 FY2027 sales bookings, reaching ₹1,439 crore, as higher volumes and price growth boosted performance. The Bengaluru-based developer also saw customer collections climb 40% YoY to ₹1,199 crore, signaling strong demand momentum.
Q1 Operational Highlights: Volume and Pricing Gains
The company sold 1.36 million square feet in the April-June quarter, a 9% YoY rise in volume terms. Average price realisation grew 18% YoY to ₹10,589 per sq ft, reflecting premium positioning in key markets. During the same period, Puravankara delivered 0.94 million sq ft, handing over 745 homes to buyers.
Sales Guidance and Market Position
Ashish Puravankara, Managing Director, reaffirmed the firm’s FY2027 sales guidance of ₹11,200 crore across Southern and Western regions, citing the strong Q1 start. As of March 31, 2026, the company had completed 95 projects spanning 57 million sq ft across nine cities, including Bengaluru, Mumbai, and Hyderabad.
Key Financial and Operational Metrics
- Sales bookings: ₹1,439 crore (28% YoY growth)
- Customer collections: ₹1,199 crore (40% YoY growth)
- Sales area: 1.36 million sq ft (9% YoY growth)
- Average price realisation: ₹10,589 per sq ft (18% YoY growth)
- Homes delivered: 745 units (0.94 million sq ft)
