Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Sunteck Realty Q2 FY27 slides: revenue up 27%, GDV grows 2.4x

Sunteck Realty Q2 FY27 slides: revenue up 27%, GDV grows 2.4x

Sunteck Realty Limited, a Mumbai Metropolitan Region focused developer, reported strong second-quarter and half-year financial results for FY27 on October 27, 2026. The company's Gross Development Value (GDV) surged fourfold from Rs 19,345 crore in FY23 to Rs 46,880 crore, while revenue grew 27% to Rs 321 crore, outpacing analyst estimates by 4.56%.

Earnings per share (EPS) of 3.9 matched expectations precisely. Pre-sales climbed 17% to Rs 824 crore, collections rose 12% to Rs 371 crore, and cash surplus expanded 27% to Rs 347 crore. Net debt-to-equity stood at a conservative 0.09x, and credit ratings remained robust at AA (long-term) and A1+ (short-term). Sunteck’s strategy emphasizes focused diversification across micro-markets, customer segments, and development models in three pricing tiers: premium luxury, uber luxury, and aspirational luxury.

Recent strategic acquisitions, including a 4.5-acre parcel in Borivali West, bolster the company's growth trajectory.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

More from Tuesday 27 October →