logo
Sunteck Realty Q4FY25 results: Net profit declines by 50% to ₹50.4 crore

Sunteck Realty Q4FY25 results: Net profit declines by 50% to ₹50.4 crore

Mumbai-based Sunteck Realty's net profit for the fourth quarter of the financial year 2025 (Q4 FY25) dipped by 50.3 per cent year on year (YoY) to ₹50.4 crore.
The company's revenue from operations during the quarter stood at ₹206 crore, down by 51.8 per cent YoY. Meanwhile, its total expenses during the quarter were ₹152.1 crore, down by 48.41 per cent YoY.
Earlier, the company recorded its highest-ever pre-sales of ₹870 crore in Q4 FY25, up 28.32 per cent YoY. During the same period, the company's collections stood at ₹310 crore as compared to ₹296 crore in Q4 FY24.
The company's net profit for FY25 jumped by 111.72 per cent YoY to ₹150.32 crore. Meanwhile, its revenue during the same period grew by 51.03 per cent YoY to ₹853.13 crore.
Sunteck's pre-sales in FY25 stood at ₹2,531 crore, up 32 per cent YoY, while its collections grew marginally by 2 per cent YoY to ₹1,255 crore.
Sequentially, the company's revenue grew by 27.2 per cent, while its net profit surged by 18.53 per cent.
As of 31 March 2025, Sunteck's net debt-to-equity ratio stands at zero, with a net cash surplus of about ₹125 crore.
Sunteck's total market capitalisation stands at around ₹5,749.7 crore. The company is based in Mumbai and primarily operates in the luxury residential and commercial retail segments. So far, it has developed an area of 52.5 million square feet through 32 projects.
Additionally, the board of directors at Sunteck Realty announced the final dividend on equity shares at the rate of 150 per cent, which is ₹1.5 per equity share. The firm's share, listed on the Bombay Stock Exchange (BSE), closed at ₹392.5 on Friday (2 May).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Samsung assembled more mobile phones in India than Apple last year
Samsung assembled more mobile phones in India than Apple last year

Business Standard

time39 minutes ago

  • Business Standard

Samsung assembled more mobile phones in India than Apple last year

Korean firm makes more phones across most segments and has higher volumes: S&P report Surajeet Das Gupta New Delhi Listen to This Article Samsung's global volume share of final assembling of smartphones in India might not get the same focus as that of Apple Inc because of the latter's aggressive export strategy and higher average selling price leading to higher value. But in terms of volume, the reality is that Samsung is much higher than its US rival. A research by S&P Global shows that Samsung's share of global final assembly volume of smartphones in India in 2024 was at 25 per cent compared to only 15 per cent of the Cupertino-based Apple Inc in the same period. For Samsung, its biggest exposure

UP to fast track setting up of 15 industrial zones for MSMEs across 11 districts
UP to fast track setting up of 15 industrial zones for MSMEs across 11 districts

Time of India

timean hour ago

  • Time of India

UP to fast track setting up of 15 industrial zones for MSMEs across 11 districts

Lucknow: As part of its goal to make UP a one trillion-dollar economy, the Uttar Pradesh govt has decided to establish 15 MSME-focused industrial zones across 11 districts. Sharing details, officials said: "The draft blueprint prepared by the MSME department outlines that a total of 764.31 acres will be developed for these industrial estates. Across these estates, 872 industrial plots will be available for investors to set up their enterprises. This will not only strengthen the MSME sector in the state but also play a vital role in achieving the one trillion-dollar economy target." The department's roadmap includes a state-wide campaign to create a substantial land bank. As part of this, the process of making land available for the 15 MSME estates in the 11 districts is underway. They further said that the Yamuna Expressway Industrial Development Authority (YEIDA) is also working on a major plan to boost the MSME sector and has reserved 500 acres of land for setting up MSME units in its upcoming development zones. Additionally, the Greater Noida-based Flatted Factory Complex, to be developed by YEIDA in Sector 28 of Gautam Buddha Nagar at a cost of Rs 125 crore, will offer state-of-the-art, multi-storey factory spaces. The construction process is expected to begin soon, with the master plan and other technical reports currently in progress. The complex, to spread over 38,665 square meters, will be completed within 24 months, providing modern, well-equipped units for MSME enterprises. This multi-pronged strategy by the Yogi govt is designed to make Uttar Pradesh a manufacturing powerhouse, especially by empowering its MSME backbone with world-class infrastructure and investor-friendly policies.

Policy to help promote sale of ‘Made in UP' wines in retail stores soon
Policy to help promote sale of ‘Made in UP' wines in retail stores soon

Time of India

time2 hours ago

  • Time of India

Policy to help promote sale of ‘Made in UP' wines in retail stores soon

Lucknow: The state excise department is planning to make it mandatory for retailers to start stocking indigenous wines produced from fruits grown in UP on their shelves. Acting on the representation forwarded by the vintners (winery owners and operators), the department will soon present the proposal before the state cabinet to amend the existing policy and rules to create a minimum quota to promote its retail trade. Tired of too many ads? go ad free now The four winery operators in Lucknow, Muzaffarnagar, Saharanpur, and Noida would benefit from the move, as would hundreds of local farmers within the catchment area. Though provisions were made in the excise policy to start manufacturing wine from locally produced fruits in March 2022, the commercial operations of the wineries are yet to begin in the state. "The idea behind introducing local wine was to help farmers generate increased income. But until our products find space in the retail ecosystem, achieving financial viability will not be possible," said Muzaffarnagar-based Sanjay Gupta, who desperately wants to enter the retail market with five different local wines produced from mango, litchi, jamun, grapes, and mixed fruits for a year. Since the UP govt decided not to impose excise duty on 'Made in UP' wines, retailers showed no interest in stocking the products in the stores. "Every retailer has to provide a fixed income to the excise department through the liquor trade. Called MGQ (minimum guarantee quota), it is mandatory for retailers to purchase a minimum quantity of liquor bottles in a month to assure a certain fixed revenue to the state," said a Lucknow-based retailer. Over the sale of country liquor, English wine, and beer bottles, a hefty portion of the price is paid as excise duty to the state coffers, helping retailers achieve the MGQ. Tired of too many ads? go ad free now As the sale of local wine would not generate any excise duty for the state, retailers will not be able to achieve MGQ in return. "That is why no retailer shows interest in stocking local wines and instead focuses on the products which have higher demand," the retailer added. A senior excise officer said provisions need to be made in the existing policy to create a sub-quota within the MGQ to promote local wine. Lucknow: The state excise department is planning to make it mandatory for retailers to start stocking indigenous wines produced from fruits grown in UP on their shelves. Acting on the representation forwarded by the vintners (winery owners and operators), the department will soon present the proposal before the state cabinet to amend the existing policy and rules to create a minimum quota to promote its retail trade. The four winery operators in Lucknow, Muzaffarnagar, Saharanpur, and Noida would benefit from the move, as would hundreds of local farmers within the catchment area. Though provisions were made in the excise policy to start manufacturing wine from locally produced fruits in March 2022, the commercial operations of the wineries are yet to begin in the state. "The idea behind introducing local wine was to help farmers generate increased income. But until our products find space in the retail ecosystem, achieving financial viability will not be possible," said Muzaffarnagar-based Sanjay Gupta, who desperately wants to enter the retail market with five different local wines produced from mango, litchi, jamun, grapes, and mixed fruits for a year. Since the UP govt decided not to impose excise duty on 'Made in UP' wines, retailers showed no interest in stocking the products in the stores. "Every retailer has to provide a fixed income to the excise department through the liquor trade. Called MGQ (minimum guarantee quota), it is mandatory for retailers to purchase a minimum quantity of liquor bottles in a month to assure a certain fixed revenue to the state," said a Lucknow-based retailer. Over the sale of country liquor, English wine, and beer bottles, a hefty portion of the price is paid as excise duty to the state coffers, helping retailers achieve the MGQ. As the sale of local wine would not generate any excise duty for the state, retailers will not be able to achieve MGQ in return. "That is why no retailer shows interest in stocking local wines and instead focuses on the products which have higher demand," the retailer added. A senior excise officer said provisions need to be made in the existing policy to create a sub-quota within the MGQ to promote local wine.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store