Sunteck Realty Reports 33% Growth in Q2 Pre-Sales at Rs 524 Crore

18 Oct 2024 CW Team

Real estate developer Sunteck Realty has announced a nearly 33% year-on-year increase in pre-sales, totaling Rs 524 crore for the quarter ending September. The company鈥檚 collections for the period reached Rs 267 crore, marking a 25% rise compared to last year.

This strong quarterly performance brings the pre-sales for the first half of 2024-25 to Rs 1,026 crore, reflecting a 31.2% increase from Rs 782 crore a year prior. Additionally, collections for the first half of the year grew by 21.3% to Rs 609 crore.

Sunteck Realty maintains a city-centric development portfolio of approximately 52.5 million sq ft across 32 projects. The company is currently advancing three new projects, including one on Nepean Sea Road in South Mumbai, another in the Bandstand area of Bandra, and an international project located in Dubai鈥檚 Burj Khalifa community.

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..