Sunteck Realty Sees Significant Growth in Q1 FY25 with Net Profit of Rs 22.78 Crore

Sunteck Realty has reported a net consolidated profit after tax of Rs 22.78 crore in Q1 FY25, a significant growth from the loss of Rs 6.73 crore in the corresponding quarter of the previous fiscal.

Sunteck RealtyQ1 Fy25Net ProfitReal EstateMumbaiReal Estate MumbaiAug 15, 2024

Sunteck Realty Sees Significant Growth in Q1 FY25 with Net Profit of Rs 22.78 Crore
Real Estate Mumbai:Sunteck Realty has reported a net consolidated profit after tax of Rs 22.78 crore in the quarter ended June 30, 2024. This is a significant growth from the loss of Rs 6.73 crore in the corresponding quarter of the previous fiscal.

The company's net consolidated total income stood at Rs 328.01 crore in Q1 FY25, a growth of 271 per cent from Rs 88.41 crore it recorded in the similar quarter last year.

During the quarter, its pre-sales grew by 30% year-on-year to Rs 502 crore and collections grew by 19% year-on-year to Rs 342 crore.

Sunteck Realty is a Mumbai-based real estate company that has been actively involved in the development of residential and commercial projects in the city.

The company's strong performance in Q1 FY25 can be attributed to its focus on delivering quality projects and its ability to adapt to the changing market conditions.

Information
Sunteck Realty is a leading real estate company in India that has been in operation for over two decades. The company has developed several iconic projects in Mumbai and has a strong reputation for delivering quality projects on time.

Sunteck Realty is a Mumbai-based real estate company that has been actively involved in the development of residential and commercial projects in the city. The company has a strong reputation for delivering quality projects on time and has developed several iconic projects in Mumbai.

Frequently Asked Questions

What is the net consolidated profit after tax of Sunteck Realty in Q1 FY25?

The net consolidated profit after tax of Sunteck Realty in Q1 FY25 is Rs 22.78 crore.

What is the growth in net consolidated total income of Sunteck Realty in Q1 FY25?

The net consolidated total income of Sunteck Realty in Q1 FY25 has grown by 271 per cent from Rs 88.41 crore in the similar quarter last year.

What is the pre-sales growth of Sunteck Realty in Q1 FY25?

The pre-sales of Sunteck Realty in Q1 FY25 has grown by 30% year-on-year to Rs 502 crore.

What is the collections growth of Sunteck Realty in Q1 FY25?

The collections of Sunteck Realty in Q1 FY25 has grown by 19% year-on-year to Rs 342 crore.

Where is Sunteck Realty based?

Sunteck Realty is based in Mumbai.

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