Sunteck Realty Q1 FY27 Net Profit Jumps 26% to ₹42 Crore


NEW DELHI: On Tuesday, Sunteck Realty announced a 26% drop in its consolidated net profit, reporting Rs 41.96 crore for the quarter ending in June. This is a decrease from Rs 33.43 crore during the same period last year.

The company’s total income showed a slight increase, amounting to Rs 202.02 crore in the first quarter of this fiscal year, up from Rs 201.53 crore in the prior year, as indicated in a regulatory filing.

The operational expenses also decreased, falling to Rs 150 crore from Rs 159 crore during the review period.

Based in Mumbai, Sunteck Realty is recognized as one of the leading real estate developers in India.

  • Published On Jul 22, 2026 at 08:34 AM IST

Join a community of over 2 million industry professionals.

Subscribe to our newsletter for the latest insights and analysis straight to your inbox.

Access all ETRealty insights right from your smartphone!

Download our App

Related Posts

DLF Q2 FY26 Net Profit Falls 14.56%

NEW DELHI: DLF has reported a 14.56% decrease in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax was ₹1,180.09 crore in Q2 FY26, down from ₹1,381.22 crore in the same quarter the previous fiscal year, as per a filing with the BSE. The company’s net consolidated total income for Q2 FY26 was ₹2,261.80 crore, marking a growth of 3.71% compared to ₹2,180.83 crore in the corresponding quarter last year. During the quarter, DLF Home Developers (DHDL), a wholly-owned subsidiary, redeemed 60,000 8.50% senior, secured, rated, listed, redeemable, guaranteed, Rupee-denominated non-convertible debentures (NCDs) worth…

Delhi’s property tax amnesty scheme extended to Feb 28

NEW DELHI: The Municipal Corporation of Delhi announced on Monday that it has extended its property tax amnesty program, ‘SUNIYO,’ until February 28, 2026. Officials have encouraged property owners throughout the capital to step forward and clear their outstanding dues, as the late fee will remain unchanged at 5%. Under the Sumpattikar Niptaan Yojana (SUNIYO), taxpayers can receive a complete waiver of property tax, interest, and penalties for all years before 2020-21, provided they pay the principal tax for the current fiscal year (2025-26) and the previous five years. Delhi Mayor Raja Iqbal Singh described this as a golden opportunity,…

Institutional Real Estate Investments Drop 7% YoY to $1.9B in Q2 2026

NEW DELHI: Institutional investments in India’s real estate sector reached $1.9 billion in Q2 2026, marking a seven percent decrease year-on-year, as reported by Cushman & Wakefield. Sequentially, this represents a 16 percent increase compared to the previous quarter. Total institutional investments for H1 2026 amounted to $3.5 billion, up six percent from H1 2025. In Q2 2026, the office sector drew nearly $1 billion, constituting 51 percent of total investments, indicating four consecutive quarters where office assets led the real estate investment landscape. Domestic institutions made up 54% of total Q2 investments, while foreign investors accounted for 46%. This…