Sunteck Realty delivered impressive financial results in Q3, demonstrating strong operational performance across key metrics. The real estate developer reported significant growth in both profitability and revenue generation during the quarter.

Financial Performance Overview

The company's consolidated financial results showed robust growth momentum with net profit and revenue both registering substantial increases compared to the same period in the previous year.

Profitability Growth

Sunteck Realty's consolidated net profit reached ₹582.00 million in Q3, marking a notable 37% increase from ₹425.20 million recorded in the corresponding quarter of the previous year. This growth in profitability demonstrates the company's ability to effectively manage costs while expanding its business operations.

Revenue Performance

The company's revenue performance was particularly strong, with total revenue reaching ₹3.44 billion in Q3. This represents more than a doubling of revenue compared to ₹1.62 billion in the same quarter of the previous year, translating to an impressive 112% year-on-year growth. This substantial revenue increase indicates strong demand for the company's real estate projects and successful project execution.

Market Position

The strong financial metrics reflect Sunteck Realty's solid market position in the real estate sector. The significant growth in both revenue and profitability suggests effective project management and favorable market conditions for the company's operations during the quarter.

Sunteck realty Limited has successfully completed a strategic acquisition that strengthens its position in Mumbai's prime real estate market. The company announced the completion of its 100% stake acquisition in Shreejikrupa Hotels and Properties Private Limited on January 20, 2026, marking a significant milestone in its expansion strategy.

Acquisition Structure and Timeline

The acquisition was executed through Apricum Buildwell Private Limited (ABPL), a wholly owned subsidiary of Sunteck Realty. Following the completion of the transaction on January 19, 2026, Shreejikrupa Hotels and Properties Private Limited (SHPPL) has become a wholly owned subsidiary of ABPL and a step-down wholly owned subsidiary of the parent company.

The transaction follows the company's earlier intimation dated October 30, 2025, with all conditions precedent as per the Share Purchase Agreement now being fulfilled.

Strategic Land Asset Details

The acquired entity holds a premium land parcel that positions Sunteck Realty advantageously in Mumbai's competitive real estate landscape. The property's strategic location and development potential represent key value drivers for the acquisition.

Development Value and Market Position

The gross development value expected from this land parcel is approximately ₹2,500.00 crores, reflecting the premium nature of the asset and its strategic location near Mumbai's International Airport. This acquisition enhances Sunteck Realty's land bank with a high-value asset in one of Mumbai's most sought-after corridors.

The completion of this acquisition demonstrates Sunteck Realty's continued focus on securing prime development opportunities in Mumbai's key growth areas. The proximity to the international airport and major arterial roads positions this asset favorably for future development projects.