Sunteck Realty witnessed a 50.28% decline in net profit for Q4 FY25, attributed to a significant drop in total income. Despite the downturn, the company announced a final dividend and outlined plans for substantial fundraising. Explore the detailed financial performance and strategic initiatives.
Sunteck Realty, a prominent real estate developer, reported a significant downturn in its financial performance for the fourth quarter of fiscal year 2025. The company’s net consolidated profit after tax stood at ₹50.38 crore, marking a 50.28% decrease from ₹101.33 crore in the corresponding quarter of the previous fiscal year. This decline aligns with a substantial reduction in total income during the same period.
Financial Highlights
- Total Income:
The company’s net consolidated total income for Q4 FY25 was ₹217.83 crore, a 49.92% drop from ₹434.99 crore in Q4 FY24. - Dividend Announcement:
Despite the decline in profit, the board recommended a final dividend of 150%, translating to ₹1.50 per equity share of face value ₹1 each, for the financial year ended March 31, 2025. - Fundraising Plans:
The board approved an enabling resolution to raise funds up to ₹2,250 crore through various modes:- Non-convertible debt of up to ₹1,500 crore via private placement in one or more tranches.
- Equity shares and/or other securities convertible into equity shares up to ₹750 crore in one or more tranches.
Operational Performance
- Pre-Sales Growth:
The company reported pre-sales of ₹2,531 crore for FY25, registering a 32% year-on-year growth compared to ₹1,915 crore in FY24. - Collections:
Collections stood at ₹1,255 crore for FY25, slightly up from ₹1,236 crore in FY24.
Strategic Outlook
Despite the challenges faced in Q4 FY25, Sunteck Realty remains focused on its long-term growth strategy. The proposed fundraising initiatives aim to bolster the company’s financial position, enabling it to capitalize on emerging opportunities in the real estate sector. The consistent growth in pre-sales and collections indicates a resilient operational performance, providing a foundation for future expansion.
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