Shares of Sunteck Realty rose 3% in morning trade on Friday after the company posted a robust 46.8% year-on-year increase in net profit for the first quarter of FY26. Net profit came in at ₹33.43 crore, up from ₹22.78 crore in the same quarter last year.
Revenue for the quarter fell 40.5% to ₹188.31 crore from ₹316.27 crore a year earlier, primarily due to project completion timelines and accounting norms.
The Mumbai-based luxury real estate developer reported a 52% rise in EBITDA to ₹48 crore, while the EBITDA margin expanded by a solid 1,541 basis points to 25%. Net profit margin also improved significantly by 1,054 basis points to 18%.
Operationally, Sunteck reported pre-sales of ₹657 crore during the quarter, up 31% from the same period last year, indicating healthy demand across its portfolio. Collections came in at ₹351 crore, slightly higher than ₹342 crore in the year-ago period.
Sunteck Realty shares traded higher today, opening at ₹439.00 and hitting an intraday high of ₹455.70. The stock touched a low of ₹438.00 during the session. It continues to stay well below its 52-week high of ₹637.70 but remains significantly above its 52-week low of ₹347.00.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
