January 21, 2025

News , Article

Stock Market

Sunteck Realty’s share price jumps 11% in Q3 FY25

Sunteck Realty’s share price soared by more than 11% on January 21 following the release of its Q3 earnings. The company reported a consolidated profit of ₹42.52 crore, marking a strong rebound from a loss of ₹9.72 crore in the corresponding quarter of the previous fiscal year.

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share price jumped more than 11% on Tuesday, January 21, after the company released its earnings for the quarter ending December 2024 (Q3).

Sunteck Realty Posts ₹42.52 Crore Profit in Q3 FY25, Rebounding from Loss Last Year

Sunteck Realty reported a consolidated profit of ₹42.52 crore in Q3 FY25 as against a loss of ₹9.72 crore in the same quarter last fiscal. On a sequential basis, the company witnessed a 22.81% increase from ₹34.62 crore posted in the September 2024 quarter.

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The revenue from operations surged by a staggering 281% year-on-year (YoY) to ₹162 crore from ₹42 crore. Meanwhile, it dipped from ₹169 crore posted in the September quarter.

Earnings before interest, tax, depreciation and amortization (EBITDA) grew to ₹48 crore from a negative ₹15 crore on a YoY basis, with the EBITDA margin for q3 FY25 coming at 30%. Pre-sales stood at ₹635 crore for Q3 FY25, registering a growth of 40% YoY as against ₹455 crore in Q3 FY24. Meanwhile, collections stood at ₹336 crore for Q3 FY25 as against ₹438 crore for Q3 FY24.

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