Wednesday, Apr 24 2024 | Time 21:51 Hrs(IST)
image
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.
UNI JS NV1510
More News

KABIL signs MoU with CSIR-NGRI for geophysical investigations

24 Apr 2024 | 7:47 PM

Bhubaneswar, April 24 (UNI) Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.

see more..

Dish TV revolutionises entertainment with ‘Dish TV Smart+’ services

24 Apr 2024 | 7:31 PM

Kolkata, Apr 24 (UNI) Dish TV has taken a path-breaking initiative to redefine the entertainment experience in India.

see more..

TRAI recommends sharing of active, passive infra by telecom providers

24 Apr 2024 | 7:03 PM

New Delhi, April 24 (UNI) With a view to improve quality of services and reducing cost, the telecom regulator TRAI on Wednesday recommended sharing of active and passive infrastructure among telecom service providers, a move that would help setting up network quickly across the nation.

see more..

REC to provide loan of Rs 1869 cr to Chenab Valley Power Project in J&K

24 Apr 2024 | 6:38 PM

New Delhi, April 24 (UNI) State-owned non-banking finance company REC Limited has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL), under which it will provide financial assistance of Rs 1,869.265 crore as a term loan.

see more..

Nissan establishes new Sales and Service network in Durgapur

24 Apr 2024 | 6:36 PM

Kolkata, Apr 24 (UNI) Nissan Motor India Pvt. Ltd. (NMIPL) on Wednesday unveiled a new state-of-the-art dealership and a service workshop at industrial Durgapur town in West Burdwan.

see more..
image