Sunteck Realty Q1 profit at Rs 3 cr; revenue up 52% at Rs 96 cr

PTIUpdated: Monday, August 02, 2021, 08:56 PM IST
article-image
Sunteck Realty, the Mumbai-based developer, had posted a net loss of Rs 3.08 crore in the year-ago period. | proptiger

Sunteck Realty Ltd has reported a consolidated net profit of Rs 3.02 crore for the quarter ended June 2021.

The Mumbai-based developer had posted a net loss of Rs 3.08 crore in the year-ago period.

Total income rose to Rs 96.11 crore in the first quarter of this fiscal year from Rs 63.20 crore in the corresponding period of the previous year, according to a regulatory filing.

Its sales bookings grew by 74 per cent to Rs 176 crore in the April-June quarter from Rs 101 crore in the year-ago period.

Sunteck Realty focuses on a city centric development portfolio of about 38 million square feet spread across 19 projects.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

USFDA clears Solara Active's Visakhapatnam facility

USFDA clears Solara Active's Visakhapatnam facility

Earnings 2023 LIVE: DCB Bank net profit hits Rs 113.85 cr; Bajaj Finserv consolidate profit jumps by...

Earnings 2023 LIVE: DCB Bank net profit hits Rs 113.85 cr; Bajaj Finserv consolidate profit jumps by...

RazorpayX launches forex service for founders, to empower 1,000 startups

RazorpayX launches forex service for founders, to empower 1,000 startups

Layoff wave: Philips to cut 6,000 more jobs after recall of faulty sleep device

Layoff wave: Philips to cut 6,000 more jobs after recall of faulty sleep device

Budget 2023: What is Economic Survey, why is it important and where to watch it

Budget 2023: What is Economic Survey, why is it important and where to watch it