Mumbai, Oct. 28 -- Sunteck Realty Limited reported a 27 per cent year-on-year increase in consolidated revenue to Rs 3.21 billion for the second quarter of FY27, compared with Rs 2.52 billion in the corresponding period last year. Revenue for the first half of FY27 rose 16 per cent to Rs 5.12 billion.

The Mumbai-based real estate developer recorded EBITDA of Rs 890 million in Q2 FY27, up 13 per cent year-on-year, while profit after tax (PAT) increased 17 per cent to Rs 570 million. For H1 FY27, EBITDA grew 23 per cent to Rs 1.56 billion, and PAT rose 20 per cent to Rs 990 million. The EBITDA margin stood at 28 per cent during the quarter and 30 per cent for the first half.

Operationally, pre-sales increased 17 per cent to Rs 8.24 billion in Q2 FY27, while collections rose 12 per cent to Rs 3.71 billion. During H1 FY27, pre-sales grew 19 per cent to Rs 16.11 billion, with collections increasing 14 per cent to Rs 7.80 billion.

The company reported a net operating cash flow surplus of Rs 3.47 billion in H1 FY27, registering 27 per cent year-on-year growth. It invested approximately Rs 3.91 billion in business development during the period, with nearly 90 per cent funded through operating cash flows. Its net debt-to-equity ratio stood at 0.09 times.

As part of its expansion strategy, Sunteck Realty acquired an additional land parcel in Borivali West, increasing its assembled landholding in the location to approximately 11.5 acres. The acquisition strengthens one of the company's largest single-location development opportunities.

The developer's total gross development value (GDV) stands at approximately Rs 469 billion. Its FY27 launch pipeline, excluding Dubai, is valued at around Rs 70 billion, with upcoming launches planned at Sunteck Belvedere Park in Mira Road and Andheri along the Western Express Highway during the second half of FY27.

On the sustainability front, Sunteck Realty achieved a score of 98.8 out of 100 in the 2026 Global Real Estate Sustainability Benchmark (GRESB), retaining its Green 5-star rating for the second consecutive year. Additionally, 4th Avenue at Sunteck City received EDGE Advanced Certification from Green Business Certification Inc. (GBCI), recognising improvements in energy efficiency, water conservation and reduced embodied carbon in building materials.

Published by HT Digital Content Services with permission from Construction World.