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Sunteck Realty Limited has reported higher revenue, profitability and sales performance for the first quarter of FY27, driven by growth in pre-sales and customer collections. Revenue stood at approximately INR 192 crore, while EBITDA increased 40% year-on-year to INR 67 crore and profit after tax (PAT) rose 26% to INR 42 crore. Operationally, the Mumbai-based developer recorded pre-sales of INR 787 crore, up 20% year-on-year, while collections increased 17% to INR 409 crore. The company also reported an improvement in EBITDA and PAT margins, reflecting stronger operating performance during the quarter.
Sunteck Realty Limited has announced its financial results for the first quarter of FY27, reporting year-on-year growth in revenue, profitability and operational performance. The Mumbai-based real estate developer recorded higher pre-sales and customer collections during the quarter, alongside improved operating margins.
For the quarter, the company reported revenue of approximately INR 192 crore, compared with INR 188 crore in the corresponding quarter of the previous financial year. EBITDA rose 40% year-on-year to around INR 67 crore, up from INR 48 crore in Q1 FY26.
The company's profit after tax (PAT) increased to approximately INR 42 crore, representing a 26% year-on-year rise from INR 33 crore reported during the same period last year.
Profitability also improved during the quarter. EBITDA margin expanded to 35% in Q1 FY27, compared with 25% in Q1 FY26, while the PAT margin increased to 22% from 18% in the corresponding quarter of the previous financial year.
On the operational front, pre-sales reached approximately INR 787 crore, recording a 20% year-on-year increase over INR 657 crore reported in Q1 FY26. Customer collections also improved, rising 17% to approximately INR 409 crore, compared with INR 351 crore during the same quarter last year.
The quarterly performance builds on the company's results for FY26, when it reported revenue of INR 1,124 crore, EBITDA of INR 305 crore and PAT of INR 202 crore. During the previous financial year, Sunteck Realty achieved pre-sales of INR 3,157 crore and collections of INR 1,433 crore.
Compared with FY25, the company's annual financial performance had also improved, with revenue increasing from INR 853 crore to INR 1,124 crore, EBITDA rising from INR 186 crore to INR 305 crore, and profit after tax growing from INR 150 crore to INR 202 crore. Pre-sales increased from INR 2,531 crore in FY25 to INR 3,157 crore in FY26, while collections rose from INR 1,255 crore to INR 1,433 crore.
The latest quarterly results indicate continued growth in Sunteck Realty's residential business, with stronger sales, improved customer collections and higher operating margins contributing to increased profitability during the opening quarter of FY27.
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