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Max Estates Sees Q4 Sales Surge to Rs 3,392 Crore

Summary

  • Sales bookings reached Rs 3,392 crore in the fourth quarter.
  • Full fiscal year bookings were Rs 5,305 crore, nearly unchanged.
  • Company has a Rs 16,000+ crore gross development value pipeline.
Max Estates Sees Q4 Sales Surge to Rs 3,392 Crore

Max Estates Ltd. announced its sales bookings reached Rs 3,392 crore during the fourth quarter of the recently concluded fiscal year. This strong quarterly performance contributed significantly to the company's full-year sales bookings, which totaled Rs 5,305 crore. This figure is nearly identical to the Rs 5,321 crore recorded in the preceding fiscal year.

Sahil Vachani, Vice Chairman & Managing Director, attributed the results to the company's focus on well-being through its LiveWell and WorkWell offerings. Max Estates also collected Rs 1,578 crore from customers throughout the last fiscal year. As the company enters the new fiscal year, it boasts a substantial gross development value pipeline exceeding Rs 16,000 crore, underpinned by a net debt of only Rs 174 crore.

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