Sunteck Realty Shares Jump 11% After Q3 FY25 Profit Turnaround

Sunteck Realty Reports Strong Q3 FY25 Performance

Sunteck Realty's share price soared 11% on January 21, following a significant improvement in its financial performance for the quarter ending December 2024 (Q3 FY25). The company's improved results have likely bolstered investor confidence, driving significant buying activity in the stock.

The company reported a consolidated net profit of ₹42.52 crore, reflecting a notable turnaround from a loss of ₹9.72 crore in the same quarter of the previous fiscal year. Sequentially, the profit increased by 22.81% from ₹34.62 crore in Q2 FY25.

Revenue Growth and Operational Highlights

Revenue from operations boosted ₹162 crore, 281% Year-on-Year growth as compared to ₹42 crore in Q3 FY24. However, it slightly declined from ₹169 crore posted in the September 2024 quarter.

EBITDA margin for Q3 FY25 stood at 30%, rose up ₹48 crore from a ₹15 crore negative YOY EBITDA.

Pre-sales for 9M FY25 totaled ₹1,661 crore, reflecting a 34% YoY increase from ₹1,237 crore in the previous year.

Nine-Month FY25 Financials

For the nine months ending December 2024 (9M FY25), Sunteck Realty reported a significant turnaround, with consolidated profit after tax (PAT) rising to ₹99.9 crore, compared to a loss of ₹30 crore in the same period last year. Revenue for the period soared 369% YoY to ₹647 crore, while EBITDA stood at ₹117 crore.

Pre-sales for 9M FY25 totaled ₹1,661 crore, reflecting a 34% YoY increase from ₹1,237 crore in the previous year.

Stock Price Reaction

The market responded positively to Sunteck Realty's financial performance, with its share price rising by more than 11%. The stock reached a high of ₹546 per share during the day, after opening at ₹535.05, a notable increase from its previous close of ₹491.05.

At 10:50 AM, the stock traded at ₹524.25, reflecting a 6.76% gain on the Bombay Stock Exchange (BSE). Over the last month, the stock rose by 6%, and it has gained 16% in the past year.

Sunteck Realty's strong Q3 FY25 results, significant revenue growth, and profitability recovery have bolstered investor confidence, contributing to the sharp rally in its share price.