Sunteck Realty provides Q2 operational update

Image
Capital Market
Last Updated : Oct 07 2020 | 9:31 AM IST
Sunteck Realty announced its Q2 FY20-21 operational updates.

SRL saw a substantial growth in Pre-sales for Q2 FY21 at Rs 200 crore; it was up by 98% Q-o-Q and by 96% Y-o-Y as well. Collections also grew at 117% Q-o-Q to Rs 141 crore for FY21;

Following the resumption of operations post the lockdown in Mumbai, the Company has continued its strong sales momentum, supported by its digital platform, SunteckAer as well as various other marketing initiatives for the ready-to-move-in and nearing-ready inventory. With the construction activity inching towards preCOVID levels, the Company remains focused on accelerating the progress across the portfolio to offset the time lost on account of the ongoing pandemic.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 07 2020 | 9:13 AM IST

Next Story