• Sales growth drivers: Strong Q1 sales were driven by launches executed late in the previous fiscal year, including the Wadala project in March, with management anticipating further sales momentum ahead.
• Input cost management: Volatility in steel, cement, and aluminum prices caused minimal long-term disruption because cost contingencies are built into 4–5 year project cycles, and prices for steel and cement have largely normalized.
• Geographic expansion criteria: Growth remains centered on premium redevelopment projects in prime MMR locations near BKC, while entry into Pune has been held back because available projects do not meet the company's minimum 25% margin threshold.
• Financial growth guidance: Management reiterated its target of 20% year-on-year growth in both pre-sales and the bottom line, with margins projected between 17% and 19% for the current year.