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Sunteck Realty Ltd — Earnings Release 2023
Jul 12, 2022
62284_rns_2022-07-12_42ddbe8f-c6f4-4454-bae6-1b8e20f2c6c3.pdf
Earnings Release
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Press Release
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July 12, 2022
The Listing Dept., BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400001 Scrip Code: 512179
The Listing Dept. National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex Bandra (E), Mumbai – 400 051 Trading Symbol: SUNTECK
Dear Sir / Madam,
Sub: Disclosure pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Regulations”)
We would like you to take note of our key operational updates for Q1 FY23 :
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a) Pre-Sales: We had pre-sales of ~Rs 333 crores in Q1 FY23 , up 89% on YoY basis .
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b) Collections: We had collections of **~ Rs 285 crores in Q1 FY23** , up 66% on YoY basis . Additionally, collections efficiency for Q1 FY23 stood at 86% .
| PerformanceSummary | Q1FY23 | Q1 FY22 | YoY | Q4 FY22 | FY 2022 |
|---|---|---|---|---|---|
| Pre-sales | 333 | 176 | 89% | 503 | 1,303 |
| Collections | 285 | 172 | 66% | 404 | 1,053 |
Aforesaid nos. are provisional
The new project launches over the forthcoming quarters along with sales momentum in ongoing projects, shall lead to continued growth impetus in the pre-sales and cash flows of the company and thereby grow our market share.
You are requested to take the above information on record.
Thanking you. Yours truly, For Sunteck Realty Limited RACHANA VIPUL HINGARAJIA Digitally signed by RACHANA VIPUL HINGARAJIA DN: c=IN, o=Personal, 2.5.4.20=72ec7dfb9fea1a0574f002f49a00ed75cab0b73f25e381f3c8a70aa591994365, postalCode=400092, st=MAHARASHTRA, serialNumber=84fb0343f899d281c42150f1017373b4b0caa31f43f0cc1dbcd4cd0b2db5a0bc, cn=RACHANA VIPUL HINGARAJIA, l=MUMBAI, pseudonym=163add931b4e4df5a3d914ba52cde246, email=[email protected] Date: 2022.07.12 06:29:55 +05'30' Rachana Hingarajia
Company Secretary & Compliance Officer Membership No. A23202
5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai - 400 057. Tel: + 91 22 42877800 Fax: + 91 22 428778890 Website: www.sunteckindia.com CIN: L32100MH1981PLC025346