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Sumit Woods LimitedUpdates, 17-03-2025: Press Release

17-03-2025 · 06:31 pm

Sumit Woods Limited has received the Occupation Certificate (OC) for its Gurukrishna residential project, boasting an impressive 97% sales rate of its 37,074 sq. ft. offering. Located in Vile Parle East, the project is well-connected to major transport hubs, enhancing its appeal for urban living. Completed nine months ahead of its scheduled date, this timely delivery reinforces the company’s efficiency and commitment to quality. Sumit Woods is concurrently developing additional projects, highlighting its strategic focus on growth and excellence in Mumbai's competitive real estate market. The company’s recent fiscal performance reflects total revenues of ₹182 Cr, an EBITDA of ₹30 Cr, and a net profit of ₹10 Cr, supporting a positive outlook for investors.

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