Sunteck Realty posts net profit of Rs 42.52 crore in Q3 FY25, Real Estate News, ET RealEstate

January 20, 2025
1 min read
Sunteck Realty posts net profit of Rs 42.52 crore in Q3 FY25, Real Estate News, ET RealEstate


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NEW DELHI: Sunteck Realty has reported net consolidated profit after tax of Rs 42.52 crore during the quarter ended December 31, 2024. It had registered loss after tax of Rs 9.72 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s net consolidated total income stood at Rs 174.76 crore, a growth of 186.59 per cent from Rs 60.98 crore it recorded in the similar quarter last year.

During the current quarter, the holding company has issued 2,665 equity shares of face value of Re 1 each at a premium of Rs 224 per equity share pursuant to exercise of employee stock option schemes (ESOS) by the holders.

Its pre-sales grew to about Rs 635 crore, up 40 per cent year-on-year in Q3 FY25. The company’s collections stood at about Rs 336 crore for Q3 FY25 as against Rs 438 crore for Q3 FY24.

Total gross development value (GDV) as of 9M FY25 stands at about Rs 40,225 crore. Net debt to equity ratio stands at “Zero” with net cash surplus of approximately Rs 61 crore.

  • Published On Jan 20, 2025 at 05:30 PM IST

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