SUNTECK REALTY'S SALES BOOKING ROSE 74% Y-O-Y TO RS 176 CR IN Q1 FY22
City based real estate player Sunteck Realty reported a sales booking of Rs 176 crore in the first quarter of the current fiscal, registering a growth of nearly 74% against Rs 101 crore in the corresponding period last fiscal. For the full 2020-21 financial year, Sunteck's net profit declined to Rs 41.94 crore from Rs
City based real estate player Sunteck Realty reported a sales booking of Rs 176 crore in the first quarter of the current fiscal, registering a growth of nearly 74% against Rs 101 crore in the corresponding period last fiscal.
For the full 2020-21 financial year, Sunteck's net profit declined to Rs 41.94 crore from Rs 74.86 crore in the previous year. Total income rose to Rs 630.84 crore in the last fiscal from Rs 580.20 crore in 2019-20.
Kamal Khetan, Chairman and Managing Director, Sunteck Realty said, "In the quarter gone by, we continued our strong momentum in operational performance. Both pre-sales and collections witnessed sturdy growth along with high collections efficiency."
The company focuses on a city centric development portfolio of about 38 million square feet spread across 19 projects. Nine projects have been completed and delivered.
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