However, revenue from operations jumped 23.44% year on year (YoY) to Rs 4,018.5 crore in the quarter ended 31 March 2024.

The realtor reported pre-sales of Rs 4,230 crore in Q4 FY24, recording a growth of 40% on a YoY basis. Collections grew by 20% YoY at Rs 3,510 crore during the quarter.

The company delivered robust pre-sales and collections on the back of strong operating cash flow generation coupled with the recently concluded QIP, net debt further reduced sharply to Rs 3,010 crore (0.17x of equity) for the firm – well below its guided ceiling of 0.5x of equity, said the company.

Profit before tax in Q4 FY24 was at Rs 878.5 crore, up 37.65% from Rs 638.2 crore posted in Q4 FY23.

Total expenses spiked 21.83% YoY to Rs 3,204.7 crore during the quarter. Cost of projects...

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