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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.
UNI JS NV1510
More News
Rupee slumps 67 paise against USD

Rupee slumps 67 paise against USD

16 Sep 2019 | 5:26 PM

Mumbai, Sep 16 (UNI) The Rupee on Monday slumped by 67 paise to 71.

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Flipkart’s 2GUD and MINISO India announce strategic partnership ahead of the festive season

16 Sep 2019 | 5:20 PM

Kolkata, Sep 16 (UNI) Flipkart, India’s leading e-commerce marketplace, today announced a strategic
partnership between 2GUD, its independent value platform and MINISO India, a leading Japanese
designer brand, for intelligent consumer products, ahead of the coming festive season.

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August WPI inflation unchanged at 1 08 per cent MoM

August WPI inflation unchanged at 1 08 per cent MoM

16 Sep 2019 | 5:12 PM

New Delhi, Sep 16 (UNI) The annual rate of inflation, based on monthly Wholesale Price Index for August 2019, remained unchanged at 1.08 compared to July 2019 and 4.62 per cent during the corresponding month of the previous year, according to government data on Monday.

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Kottayam-Kochi Rubber Market Rates

16 Sep 2019 | 5:04 PM

Kottayam, Sep 23 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal
KOTTAYAM
RSS FOUR Rs 14000
RSS FIVE Rs 13600
ISNR TWENTY: Rs.

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Kottayam-Kochi Rubber Market Rates

16 Sep 2019 | 5:03 PM

Kottayam, Sep 23 (UNI) Following were the Rubber Market ratesannounced by the Rubber Board here today per quintalKOTTAYAMRSS FOUR Rs 14000RSS FIVE Rs 13600ISNR TWENTY: Rs.

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