Sunteck Realty Limited — Updates, 12-11-2024: Press Release

Sunteck Realty Limited reported substantial growth in its financial performance for the second quarter and half-year of FY25. Key highlights for H1 FY25 show pre-sales up to ₹1,026 Cr, a 31.2% increase YoY, with collections also rising to ₹609 Cr, up 21.3% YoY. Revenue from operations surged to ₹485 Cr, reflecting a staggering 408% YoY growth. EBITDA reached ₹69 Cr, up 418% YoY, and net income improved significantly to ₹57 Cr, up 378% YoY. Additionally, the company boasts a net cash surplus of ₹98 Cr, with a net debt to equity ratio at “Zero.”

For Q2 FY25, pre-sales increased to ₹524 Cr, a 32.7% YoY growth, while collections rose to ₹267 Cr, up 24.8% YoY. Revenue from operations in this quarter rose to ₹169 Cr, marking a 578% YoY increase. EBITDA for Q2 is reported at ₹37 Cr, and net income stands at ₹35 Cr, reflecting a 348% YoY growth. The positive trajectory suggests a robust outlook, presenting potential opportunities for investors.