Business · Companies · 8 hrs ago
Sunteck Realty H1 profit rises 20% as pre-sales grow
Mumbai-based Sunteck Realty reported a 20% rise in net profit to Rs 99 crore for the first half of FY27, covering April to September.
Pre-sales grew 19% to Rs 1,611 crore, showing the value of property sales booked during the period.
Revenue increased 16% to Rs 512 crore, while operating cash flow surplus rose 27% to Rs 347 crore.
The company invested Rs 391 crore in business development, and nearly 90% of that spending was funded from operating cash flows.
It also bought land in Borivali West, bringing its assembled land holding there to about 11.5 acres.
Its FY27 launch pipeline is about Rs 7,000 crore, excluding Dubai, and projects are planned for the second half of the financial year.
Planned launches include projects in Mira Road and Andheri, both along Mumbai’s Western Express Highway.
Sunteck Realty reported a 20% year-on-year rise in net profit to Rs 99 crore in the first half of FY27.
Pre-sales increased 19% to Rs 1,611 crore during April-September.
Revenue rose 16% to Rs 512 crore, while EBITDA grew 23% to Rs 156 crore.
Net operating cash flow surplus increased 27% to Rs 347 crore despite Rs 391 crore of business development investment.
The Mumbai-based developer acquired a land parcel in Borivali (West), taking its assembled land holding there to approximately 11.5 acres.
- Who
- Sunteck Realty, a Mumbai-based developer.
- What
- It reported a 20% rise in first-half net profit to Rs 99 crore and 19% growth in pre-sales to Rs 1,611 crore.
- When
- The first half of FY27, covering April-September. The report was published on October 26, 2026.
- Where
- The company is based in Mumbai. It acquired land in Borivali (West).
- Why
- Not stated
This story does not have two clearly opposing sides.
Net profit rose 20% year-on-year to Rs 99 crore and pre-sales increased 19% to Rs 1,611 crore.
Sunteck Realty acquired a land parcel in Borivali (West) through an outright purchase.
The company planned launches at Sunteck Belvedere Park in Mira Road and at a project in Andheri.
- First-half net profit
- Rs 99 crore, up 20% year-on-year
- First-half pre-sales
- Rs 1,611 crore, up 19%
- First-half revenue
- Rs 512 crore, up 16%
- First-half EBITDA
- Rs 156 crore, up 23%
- Borivali (West) land holding
- Approximately 11.5 acres
- FY27 launch pipeline
- Approximately Rs 7,000 crore, excluding Dubai