Sunteck Realty surged over 2% in the trading session on April 18th following the announcement of robust business performance for the quarter and fiscal year ended March 2024.
In Q4 FY24, Sunteck Realty reported a significant growth in pre-sales, marking a 26% year-on-year increase and a notable 49% quarter-on-quarter rise, amounting to Rs 678 crore.
Additionally, for the fiscal year 2023-24, pre-sales showed a commendable 20% year-on-year growth, reaching Rs 1,915 crore.
The company also disclosed impressive collections, with Rs 296 crores collected in Q4 FY24 and a total of Rs 1,236 crore collected for the entire fiscal year 2023-24.
As of 12:20 PM, Sunteck Realty’s shares continued to gain momentum, trading 2.27% higher at ₹436.70.
