Q3 FY24 Concall note:
New area sale 2.89msf for 2079 crore in 9 month FY24 , and collection is 1478 crores
Acquired two new projects with 545 cr potential revenue in Mumbai
Additional 4000 cr project acquired
2800 cr pre-sales guidance for FY24
Launched project worth 3200 crores in 9 months FY24, 1800 will be in last quarter
7000 crore of new project launch targeted in FY25
Gross profit is 25% on low-margin projects
25-27% EBITDA blended for last two years projects
Revenue Guidance:
1700 fy25
1700 fy26
Not included low rise development projects, which may come in FY26 revenues
Affordability is good, around 35 to 40 per cent of household earnings are going into paying EMIs
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