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Sunteck Realty reports 17% rise in pre-sales in Q2FY24

16 Oct 2023 Evaluate

Sunteck Realty’s pre-sales stood at Rs 395 crore in Q2FY24 as compared to Rs 337 crore in Q2FY23 i.e. up by 17.21% on yearly basis. On quarterly basis pre-sales up by 2.07% over Rs 387 crore in Q1FY24.

However, the company’s collections were down by 35.35% to Rs 214 crore in Q2FY24 against Rs 331 crore year-on-year (Y-o-Y) in Q2FY23. On quarterly basis, it declined 25.69% over collections of Rs 288 crore in Q1FY24.

Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment.

Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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