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Sunteck Realty Ltd posted a 47% jump in consolidated net profit for Q1 FY26, reaching INR 33.43 crore compared to INR 22.78 crore a year ago. However, total income declined to INR 201.53 crore from INR 328.01 crore in the same period last year. The company continues to centre its operations in the Mumbai Metropolitan Region, where it has delivered several residential and commercial developments. The profit growth amid falling income reflects efficient cost control and potentially better margins on its projects. Sunteck's performance highlights its focus on financial discipline and execution strength within a competitive real estate market.
Sunteck Realty Ltd recorded a 47% increase in its consolidated net profit, which rose to INR 33.43 crore in the first quarter of the current financial year. The company had posted a profit of INR 22.78 crore during the corresponding period last year. Advertisement
Despite the profit growth, the developer's total income witnessed a decline. It fell to INR 201.53 crore in the April to June quarter of FY26, down from INR 328.01 crore reported during the same quarter in the previous fiscal, as disclosed in its recent regulatory filing.
Sunteck Realty continues to focus its operations in the Mumbai Metropolitan Region (MMR), where it has delivered multiple residential and commercial projects. The company's consistent growth in profitability, even amid a dip in income, suggests strong cost management and possibly improved margins on completed or ongoing projects.
Source - PTI
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