Sunteck Realty shares surged over 8% in early trade on Wednesday (April 22, IST) after the company reported a strong set of consolidated results for the fourth quarter, driven by robust revenue growth and improved profitability.
The real estate developer posted a sharp 64.5% year-on-year (YoY) increase in revenue for Q4, which rose to ₹3,390 crore compared to ₹2,060.5 crore in the same period last year. The strong top-line performance reflects healthy project execution and sustained demand across key markets.
Earnings before interest, tax, depreciation and amortisation (EBITDA) also recorded solid growth, rising 35.5% YoY to ₹751 crore from ₹554.5 crore. However, despite the rise in absolute EBITDA, margins came under pressure during the quarter. EBITDA margin declined by 475 basis points to 22.15%, compared to 26.9% in the year-ago period, indicating higher costs or a change in project mix.
Net profit for the quarter stood at ₹63.8 crore, marking a 26.5% increase from ₹50.4 crore reported in the corresponding quarter last year. The profit growth, although positive, lagged behind revenue expansion, reflecting the impact of margin compression.
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