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Sunteck Realty Ltd reported a 27% year-on-year increase in consolidated net profit at INR 63.75 crore for the March quarter of FY26, supported by higher income growth. Total income for the quarter rose to INR 348.88 crore from INR 217.83 crore in the corresponding period last year. For the full financial year, net profit increased to INR 204.36 crore, reflecting a 36% rise, while total income grew to INR 1,168.62 crore from INR 902.67 crore in FY25. The performance indicates continued momentum in revenue realisation for the Mumbai-focused developer, amid steady demand in the residential real estate segment.
Sunteck Realty Ltd reported a consolidated net profit of INR 63.75 crore for the January–March quarter of FY26, registering a 27% increase compared to INR 50.38 crore in the corresponding period of the previous financial year. The growth was supported by a significant rise in total income during the quarter, reflecting improved revenue realisation. Advertisement
According to a regulatory filing released earlier this week, the company’s total income for the fourth quarter stood at INR 348.88 crore, up from INR 217.83 crore in the same period last year. The increase indicates higher execution levels and collections across its residential portfolio.
For the full financial year FY26, Sunteck Realty reported a net profit of INR 204.36 crore, compared to INR 150.31 crore in FY25, marking an increase of approximately 36%. Total income for the year rose to INR 1,168.62 crore from INR 902.67 crore in the preceding financial year, reflecting sustained business growth.
The company’s performance aligns with broader trends in India’s residential real estate market, where developers have reported improved financial outcomes driven by steady demand and increased focus on project execution. Revenue growth in the sector has been supported by stronger collections, new launches in key micro-markets and continued traction in premium and mid-income housing segments.
Sunteck Realty, which has a strong presence in the Mumbai Metropolitan Region (MMR), has been focusing on enhancing project delivery timelines and maintaining sales momentum across its developments. The company’s portfolio includes a mix of premium and mid-segment residential projects, catering to a diverse buyer base.
The rise in income during the quarter suggests progress in project completions and handovers, which typically drive revenue recognition for real estate developers. Improved operational performance and disciplined execution have contributed to the company’s financial growth over the past year.
The annual performance also reflects a stable demand environment, particularly in urban markets such as Mumbai, where residential absorption has remained consistent. Developers have continued to prioritise inventory monetisation and margin optimisation, leading to improved profitability.
Sunteck Realty’s results indicate continued traction in its core markets, with both quarterly and annual financials showing growth across key metrics. The company’s ability to increase income and profitability reflects ongoing demand support and execution-led performance within its project portfolio.
Source - PTI
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