APN News

  • Wednesday, April, 2024| Today's Market | Current Time: 01:56:13
  • Pre‐Sales:  Sunteck Realty had pre‐sales of ~Rs 503 crores in Q4 FY22, up 43% on QoQ basis and up 36% on YoY basis. On a full‐year basis, the company had pre‐sales of ~ Rs 1,303 crores in FY22, up 27% YoY, one of the best annual sales.

    Collections: Collections were ~ Rs 404 crores in Q4 FY22, up 50% on QoQ basis and up 26% on YoY basis. On a full‐year basis, the company had collections of ~ Rs 1,053 crores in FY22, up 35% YoY. Both on quarterly as well as annual basis, this is the best collections. Additionally, collections efficiency for FY22 stood at 81%, up from 76% in FY21.

    Performance Summary

    ~Rs crQ4 FY22Q3 FY22QoQ %  Q4 FY21YoY %FY22FY21YoY %
    Pre‐sales50335243%37126%1,3031,02227%
    Collections40427050%32126%1,05378035%

    The new project launches lined‐up in the forthcoming quarters, shall lead to continued growth momentum in the pre‐sales and cash flows of the company and thereby grow the market share.  

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