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Business Economy

Sunteck Realty Q3 PAT rises by 239 percent

Mumbai, Feb 14(UNI) Realty Major, Sunteck Realty Limited reported a
rise of 239 percent in its PAT foe the quarter ended
December 31, 2017 at Rs 60.20 crore as compared with PAT of Rs 17.80
crore for the same quarter a year ago period.

Revenue for the quarter under review roseby 141 percent ti Rs 201.50
crore as comapred with revenue of Rs 83.70 crore for the quarter
ended December 31, 2016

Commenting on the Q3 FY2018 performance, Mr. Kamal Khetan, Chairman
and Managing Director, Sunteck Realty Ltd. said ''Sunteck has
delivered a robust financial performance during this third quarter
of FY2018. The improvement in market sentiments with a traction for
our BKC projects has led not only to strong growth but also notable
improvement in margins. This gives a glimpse of the cash flow
potential that our BKC inventory can release.
Our project in Oshiwara District Centre (ODC), Sunteck City
continues to see significant improvement in infrastructure and this
zone is poised to create huge value for its stakeholders, just like
BKC. We are gearing up to launch for sale of new inventory in the
coming quarters. In addition, we also commenced construction of two
projects-Sunteck Icon at BKC junction and Gilbert Hill at Andheri
(W).,he added.
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Kia Carnival unveils Vihaan Auto showrooms in Hyderabad, Secunderabad

21 Jan 2020 | 11:23 PM

Hyderabad, Jan 21 (UNI) Vihaan Auto, the official dealer partner for Kia Motors India, the world’s 8th largest automaker, unveiled Kia Carnival here on Tuesday.

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Telangana Minister KTR meets global industry leaders at WEF in Davos

21 Jan 2020 | 11:22 PM

Hyderabad, Jan 21 (UNI) Telangana Minister for IT and Industries K T Rama Rao, who is leading a delegation, participated in World Economic Forudm in Davos on Tuesday.

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India presents USD 1 trillion opportunity for private sector for UN's SDGs, says report

21 Jan 2020 | 8:06 PM

New Delhi, Jan 21 (UNI) An almost USD10 trillion (USD9.668 trillion) opportunity for private-sector investors across all emerging markets to help achieve the UN’s Sustainable Development Goals (SDGs), with India representing USD1.124 trillion of that total, or more than 10 per cent, says a report.

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Hyundai launches all new AURA

Hyundai launches all new AURA

21 Jan 2020 | 7:29 PM

New Delhi, Jan 21 (UNI) Automobile major Hyundai Motor India Ltd launched it's new Sedan car Hyundai AURA, here on Tuesday.

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Challa Sreenivasulu Setty new Managing Director of SBI

Challa Sreenivasulu Setty new Managing Director of SBI

21 Jan 2020 | 7:03 PM

Mumbai, Jan 21 (UNI) Mr Challa Sreenivasulu Setty has taken charge as the Managing Director of State Bank of India with effect from January 20, the bank said on Tuesday.

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