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Sunteck Realty Q4 profit rises 19% QoQ, recommends ₹1.50 final dividendShares of the company ended 2.4% higher at a price of ₹391.35 on the BSE. By CNBCTV18May 2, 2025, 8:41:07 PM IST (Published)2 Min ReadIndian real estate developer Sunteck Realty Ltd. on Friday reported a 19% sequential rise in net profit for the quarter ended March 31, 2025, aided by higher revenue and improved margins, while annual pre-sales reached a record high.

The Mumbai-based firm said consolidated net profit rose to ₹50 crore in the fourth quarter, from ₹43 crore in the previous quarter. Revenue climbed 27% quarter-on-quarter to ₹206 crore.

EBITDA rose 41% sequentially to ₹69 crore, with margins improving to 33%. PAT margin stood at 24% for the March quarter.

For the full year FY25, Sunteck reported its highest-ever annual pre-sales at ₹2,531 crore, a 32% rise over the previous year. Annual revenue surged 51% to ₹853 crore, while net profit more than doubled to ₹150 crore from ₹71 crore in FY24. EBITDA for the year grew 58% to ₹186 crore.

The company said its net debt-to-equity ratio stood at zero, and it closed the fiscal with a net cash surplus of ₹125 crore.

Sunteck’s Board also recommended a final dividend of 150%, or ₹1.50 per equity share of face value ₹1 each, for the financial year ended March 31, 2025. The dividend is subject to shareholder approval at the upcoming annual general meeting.

Sunteck Realty focuses on high-end and luxury residential projects in the Mumbai Metropolitan Region, with a development portfolio of 52.5 million square feet across 32 projects.

Shares of the company ended 2.4% higher at a price of ₹391.35 on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsshare market todaySunteck Realty