Despite a challenging Q4 FY25, Sunteck Realty’s annual performance shows significant growth, with a 32% increase in pre-sales and a 51% rise in revenue
Sunteck Realty Ltd. has announced its financial results for the fourth quarter of FY25, reporting a 50.3% year-on-year decline in consolidated net profit for the January-March quarter to ₹50.4 crore, down from ₹101.3 crore in Q4 FY24.
Total income for the quarter decreased to ₹217.83 crore from ₹434.99 crore in the same period last year.
Key Financial Highlights:
Annual Performance: For the full fiscal year, Sunteck Realty achieved its highest-ever pre-sales at ₹2,531 crore, marking a 32% increase over the previous year. Annual revenue surged by 51% to ₹853 crore, and net profit more than doubled to ₹150 crore from ₹71 crore in FY24. EBITDA for the year grew by 58% to ₹186 crore.
Dividend Proposal: The Board of Directors has recommended a final dividend of 150%, equating to ₹1.50 per equity share of face value Re 1 each, for the financial year ended March 31, 2025. This dividend is subject to shareholder approval at the upcoming Annual General Meeting.
Fundraising Plans: The company has approved a proposal to raise up to ₹2,250 crore through a combination of equity and debt instruments. This includes issuing non-convertible debt of up to ₹1,500 crore and equity shares or other convertible securities up to ₹750 crore, to support its expansion and development projects.
Outlook: Despite the quarterly decline, Sunteck Realty’s robust annual performance underscores its strong market position and growth trajectory. The proposed fundraising and dividend declaration reflect the company’s commitment to delivering value to its shareholders and supporting its strategic initiatives. Investors and stakeholders will be keenly awaiting the outcomes of the upcoming AGM for further developments.
