• Pre-sales and collections: Q4 pre-sales reached ₹2,541 crore, representing a 44% quarter-on-quarter increase due to back-ended launches, while milestone-based collections remained steady.
• Commercial leasing portfolio: The commercial segment focuses on annuity rental generation rather than sales, with over 8 million square feet deployed, 3.5 million square feet under construction, and Q4 leasing revenues reaching ₹337 crore.
• Market demand drivers: Housing demand in key hubs like Bengaluru, Chennai, and Hyderabad remains resilient against IT sector hiring slowdowns, supported by strong growth across Global Capability Centers (GCCs).
• Bonus issue recommendation: The board approved a 1-for-3 bonus share issue to mark the company’s 40th anniversary, reflecting confidence in future earnings, land bank monetization, and project pipeline.