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Sunteck Realty Q1 profit at Rs 3 cr; revenue jumps 52% at Rs 96 cr

Sunteck Realty Q1 profit at Rs 3 cr; revenue jumps 52% at Rs 96 cr

Total income rose to Rs 96.11 cr in the first quarter of this fiscal year from Rs 63.20 cr in the corresponding period of the previous year, according to a regulatory filing

The Mumbai-based developer had posted a net loss of Rs 3.08 crore in the year-ago period (Source: Reuters) The Mumbai-based developer had posted a net loss of Rs 3.08 crore in the year-ago period (Source: Reuters)

Sunteck Realty Ltd has reported a consolidated net profit of Rs 3.02 cr for the quarter ended June 2021.

The Mumbai-based developer had posted a net loss of Rs 3.08 cr in the year-ago period.

Total income rose to Rs 96.11 cr in the first quarter of this fiscal year from Rs 63.20 cr in the corresponding period of the previous year, according to a regulatory filing.

Its sales bookings grew by 74 % to Rs 176 cr in the April-June quarter from Rs 101 cr in the year-ago period.

Sunteck Realty focuses on a city centric development portfolio of about 38 million square feet spread across 19 projects.

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