Sunteck Realty Limited is a Mumbai-based real estate developer focused on developing premium residential and commercial properties across Mumbai Metropolitan Region (MMR). The company is one of the largest developers in the Western Suburbs of MMR from Bandra to Virar with ~20 mn sq ft of balance launch pipeline. It expanded to Eastern suburbs with ~12.1 mn sq ft of balanced development. It has delivered 14 (residential+commercial) projects worth ~Rs 9,000 crore (~US$ 1.2 bn) to date.
- Sunteck Realty Ltd reported Total revenue for Q4 FY23 of ₹49 Crore, down from ₹155 Crore year on year depicting a decline of 68%.
- Total Expenses for Q4 FY23 of ₹60 Crore down, from ₹149 Crore year on year, a decline of 60%.
- Consolidated Net Profit of -(₹28) Crore, down 600% from -(₹4) Crore in the same quarter of the previous year.
- The Earnings per Share is -(₹1.91), down 559% from -(₹0.29) in the same quarter of the previous year.