- Home »
- Quarterly Results »
- Sunteck Realty Q1 Results, Revenue Drops to ₹31,627.99 Lakh with Profit Before Tax at ₹2,982.49 Lakh
Sunteck Realty Q1 Results, Revenue Drops to ₹31,627.99 Lakh with Profit Before Tax at ₹2,982.49 Lakh
Sunteck Realty Q1 Results show a 25.9% decline in revenue from operations QoQ at ₹31,627.99 lahks, while Sunteck Realty Q1 Results also reveal a 77.5% drop in net profit at ₹2,278.09 lahks compared to the previous quarter.
by P Nandhini
Updated Sep 21, 2024
Table of Content
Sunteck Realty Q1 Results: Sunteck Realty declared its Q1 results for the financial year 2024-25 on 14 August 2024, showing a significant drop in revenue. Revenue from operations stood at ₹31,627.99 lakh, which is a 25.9% decline quarter-on-quarter (QoQ) compared to ₹42,688.94 lakh in the previous quarter.
Total income for Q1 FY 2024-25 was ₹32,801.84 lakh, down 24.6% QoQ from ₹43,499.37 lakh in Q4 FY 2023-24. The drop in revenue is largely due to lower sales and changes in inventory. Despite these challenges, Sunteck continues to focus on maintaining strong operational efficiencies and project execution.
The company’s total expenses for Q1 amounted to ₹29,853.48 lakh, a slight increase of 1.3% year-over-year (YoY) from ₹29,475.17 lakh in the same period last year. Profit before tax, however, witnessed a sharp decline of 78.7% QoQ, falling to ₹2,982.49 lakh from ₹13,995.79 lakh in the previous quarter.
Similarly, net profit for Q1 stood at ₹2,278.09 lakh, reflecting a 77.5% decrease in QoQ. The company’s earnings per share (EPS) also dropped significantly, with a basic and diluted EPS of ₹1.56 compared to ₹6.92 in Q4 FY 2023-24. Despite the short-term dip, Sunteck Realty remains confident in its long-term growth strategy for upcoming quarters.
For More Q1 results check our Twitter Page
Sunteck Realty Q1 Results 2024 - 2025
Sunteck Realty announced its Q1 results for FY 2024-25 on 14 August 2024, revealing a notable decline in both revenue and profitability compared to the previous quarter. Despite these setbacks, the company remains committed to its long-term growth strategy.
Below is a summary of key financial metrics for Q1:
| Metric | Q1 FY 2024-25 | Q4 FY 2023-24 | QoQ Change (%) |
|---|---|---|---|
| Revenue from Operations (₹ lakh) | 31,627.99 | 42,688.94 | -25.9% |
| Total Income (₹ lakh) | 32,801.84 | 43,499.37 | -24.6% |
| Total Expenses (₹ lakh) | 29,853.48 | 29,475.17 | +1.3% |
| Cost of Construction & Development (₹ lakh) | 5,113.95 | 12,042.66 | -57.5% |
| Changes in Inventories (₹ lakh) | 18,049.05 | 9,170.18 | +96.8% |
| Employee Benefits Expense (₹ lakh) | 2,351.69 | 2,295.22 | +2.5% |
| Finance Costs (₹ lakh) | 1,026.98 | 1,815.34 | -43.4% |
| Depreciation & Amortization (₹ lakh) | 336.19 | 310.60 | +8.2% |
| Profit Before Tax (₹ lakh) | 2,982.49 | 13,995.79 | -78.7% |
| Net Profit (₹ lakh) | 2,278.09 | 10,133.56 | -77.5% |
| Basic/Diluted EPS (₹) | 1.56 | 6.92 | -77.5% |
| Current Tax Expense (₹ lakh) | 540.98 | 2,688.92 | -79.9% |
| Other Comprehensive Income (₹ lakh) | (3.43) | (321.36) | N/A |
Source: Click Here
Sunteck Realty Current Market Overview
Sunteck Realty is currently seeing a positive market trend, with its stock priced at ₹585, up by 2.38%. The company has a market capitalization of ₹8,573 crore, indicating strong investor interest.
Over the past months, the stock has fluctuated between a high of ₹699 and a low of ₹380, showing some volatility. With a Price-to-Earnings (P/E) ratio of 85.4, it suggests that investors have high expectations for future growth.
The company also offers a dividend yield of 0.26%, providing some returns to shareholders. Overall, Sunteck Realty is positioned well in the real estate market, attracting attention from investors.
| Metric | Value |
|---|---|
| Current Stock Price | ₹585 |
| Change (%) | +2.38% |
| Market Capitalization | ₹8,573 Cr. |
| 52-Week High / Low | ₹699 / ₹380 |
| Price-to-Earnings (P/E) Ratio | 85.4 |
| Book Value | ₹213 |
| Dividend Yield | 0.26% |
| Return on Capital Employed (ROCE) | 4.66% |
| Return on Equity (ROE) | 2.38% |
| Face Value | ₹1.00 |
Quarterly Results
Here are the quarterly results for Sunteck Realty for the last three quarters: December 2023, March 2024, and June 2024.
| Metric | Dec 2023 | Mar 2024 | Jun 2024 |
|---|---|---|---|
| Sales (₹ Cr) | 42 | 427 | 316 |
| Expenses (₹ Cr) | 57 | 274 | 285 |
| Operating Profit (₹ Cr) | -15 | 153 | 31 |
| Operating Profit Margin (OPM %) | -35% | 36% | 10% |
| Other Income (₹ Cr) | 19 | 8 | 12 |
| Interest (₹ Cr) | 17 | 18 | 10 |
| Depreciation (₹ Cr) | 2 | 3 | 3 |
| Profit Before Tax (₹ Cr) | -15 | 140 | 30 |
| Tax (%) | -36% | 28% | 24% |
| Net Profit (₹ Cr) | -10 | 101 | 23 |
| Earnings Per Share (EPS Rs) | -0.66 | 6.92 | 1.56 |
About Sunteck Realty
Sunteck Realty is currently trading at ₹585, reflecting a rise of 2.38%. With a market capitalization of ₹8,573 crore, Sunteck's stock has seen a high of ₹699 and a low of ₹380 in recent trading sessions.
The stock has a Price-to-Earnings (P/E) ratio of 85.4 and a book value of ₹213. Investors can expect a dividend yield of 0.26%. The company’s Return on Capital Employed (ROCE) stands at 4.66%, while the Return on Equity (ROE) is at 2.38%, with a face value of ₹1.00 per share.
Check our website for more Q1 results.
Sunteck Realty Q1 Results - FAQs
1. What are the Q1 results for Sunteck Realty?
Sunteck Realty reported a revenue of ₹31,627.99 lakh for Q1 FY 2024-25.
2. How much did Sunteck Realty's total income drop in Q1?
The total income for Sunteck Realty in Q1 decreased to ₹32,801.84 lakh, down 24.6% QoQ.
3. What were the total expenses for Sunteck Realty in Q1?
Sunteck Realty's total expenses for Q1 amounted to ₹29,853.48 lakh.
4. What was Sunteck Realty's profit before tax in Q1?
Sunteck Realty reported a profit before tax of ₹2,982.49 lakh for Q1.
5. How much did net profit decrease for Sunteck Realty in Q1?
The net profit for Sunteck Realty in Q1 stood at ₹2,278.09 lakh, reflecting a 77.5% decrease.
6. What is the basic EPS for Sunteck Realty in Q1?
Sunteck Realty's basic EPS for Q1 is ₹1.56.
7. What was the cost of construction for Sunteck Realty in Q1?
The cost of construction and development for Sunteck Realty was ₹5,113.95 lakh.
8. How much did finance costs decrease for Sunteck Realty?
Finance costs for Sunteck Realty dropped to ₹1,026.98 lakh, a decrease of 43.4%.
9. What was the tax expense for Sunteck Realty in Q1?
Sunteck Realty's current tax expense for Q1 was ₹540.98 lakh.