Operating profit for the quarter was Rs. 37 crore, registering a growth of 364% year-on-year. The company’s pre-sales increased by nearly 33% to Rs. 524 crores, while collections grew by nearly 25% to Rs. 267 crore has happened.
The quarterly performance took the pre-sales figure for the first half of 2024-25 to Rs. 1,026 crore, which is Rs. 782 crore is 31.2% more. Collections in the first half of the year increased by 21.3% over a year ago to Rs. 609 crore has happened.
Suntech Realty focuses on a city-centric development portfolio of around 52.5 million square feet spread across 32 projects. It is currently working on three upcoming projects including Nepean Sea Road in South Mumbai, Bandstand area in Bandra and an international project in Burj Khalifa community area in Dubai.
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