Sunteck Realty Reports 26 Percent Profit Rise for Q1 FY27

Sunteck Realty Ltd reported a consolidated net profit of approximately ₹42 crore for the first quarter of FY27, ending June 30, 2026. This figure represents a 26 percent increase compared to the same period last year. Revenue from operations saw a marginal rise to approximately ₹192 crore, while EBITDA grew 40 percent to ₹67 crore.

The company recorded operational growth with pre-sales increasing 20 percent to ₹787 crore. To support further growth, the Board of Directors approved a resolution to raise up to ₹2,250 crore. This fundraise consists of ₹1,500 crore in non-convertible debt and ₹750 crore through equity shares or convertible securities, though the latter portion requires shareholder approval.

During the quarter, the company expanded its holdings by acquiring a 100 percent equity stake in Tanirika Infrastructure Private Limited. The acquisition was completed on April 24, 2026, for ₹20.94 crore.