On January 21, Sunteck Realty’s share price surged by almost 11% after the company’s Q3 results were released. Following a loss of ₹9.72 crore in the same quarter of the previous fiscal year, the firm reported a consolidated profit of ₹42.52 crore, marking a notable comeback.
On Tuesday, January 21, the price of Sunteck Realty’s stock increased by more than 11% when the company’s quarterly profits for the quarter that ended in December 2024 (Q3) were revealed.
Compared to a loss of ₹9.72 crore in the same quarter of the previous fiscal year, Sunteck Realty recorded a consolidated profit of ₹42.52 crore in Q3 FY25. The firm had a 22.81% growth on a sequential basis from the ₹34.62 crore reported in the September 2024 quarter.
Operational income increased from ₹42 crore to ₹162 crore, a startling 281% YoY increase. In the meantime, it fell from the September quarter’s ₹169 crore.
On a YoY basis, earnings before interest, tax, depreciation, and amortization (EBITDA) increased from a negative ₹15 crore to ₹48 crore, with a 30% EBITDA margin for the third quarter of FY25.
Compared to ₹455 crore in Q3 FY24, pre-sales for Q3 FY25 were ₹635 crore, representing a 40% YoY increase. Meanwhile, Q3 FY25 collections were ₹336 crore, compared to Q3 FY24 collections of ₹438 crore.
Financials for 9M FY25:
Revenue increased 369% YoY to ₹647 crore from ₹138 crore for the nine months ending December 2024, while the company’s PAT soared to ₹99.9 crore from a YoY loss of ₹30 crore. EBITDA was ₹117 crore after the nine months.
Compared to ₹1,237 crore in 9M FY24, pre-sales for 9M FY25 were ₹1,661 crore, representing a 34% YoY increase.
Stock Price Impact:
The price of Sunteck Realty’s shares rose more than 11% to a high of ₹546 per share on the day after the company’s impressive results performance. After closing at ₹491.05., the stock had opened at ₹535.05.
Sunteck Realty’s stock has increased 16% over the past year and 6% over the past month. The stock was up 6.76% on the BSE at 10.50 am, trading at ₹524.25.
