MUMBAI – Sunteck Realty, a prominent real estate developer, has announced a robust financial performance for the July-September quarter, reporting a significant 34% year-on-year increase in pre-sales, reaching Rs 702 crore. This impressive growth is attributed to sustained and healthy demand across its diverse residential portfolio within the dynamic Mumbai Metropolitan Region (MMR). The company's bottom line also saw substantial improvement, with net profit expanding by a remarkable 41% to approximately Rs 49 crore, achieving a net margin of 19%. Operational efficiency was a key highlight, as collections during the quarter rose 24% to Rs 331 crore, while revenue from operations surged 49% to around Rs 252 crore. Operating profit demonstrated exceptional growth, soaring 108% year-on-year to Rs 78 crore, with margins expanding by an impressive 873 basis points to 31%, as detailed in its recent regulatory filing. Looking at the first half of FY26, Sunteck Realty continued its strong trajectory. Pre-sales for the six-month period increased 32% year-on-year to approximately Rs 1,359 crore, while collections stood at Rs 682 crore, up 12%. Revenue from operations for H1 FY26 reached around Rs 441 crore. The developer's operating profit for the first half of the year climbed 83% to Rs 126 crore, and net profit grew 44% to Rs 82 crore. The company also reported a healthy net operating cash flow surplus of Rs 258 crore, marking a 35% increase year-on-year, maintaining a robust net debt-equity ratio of 0.04 times. Beyond financial achievements, Sunteck Realty is strategically expanding its development pipeline with two new, high-potential projects in Mumbai's coveted western suburbs. The company has been selected as the preferred developer for a significant residential redevelopment project in Andheri, Mumbai. This project spans approximately 2.5 acres, offering a development potential of about 2.75 lakh sq ft and an estimated Gross Development Value (GDV) of Rs 1,100 crore. Further solidifying its presence, Sunteck Realty is also entering into a Joint Development Agreement (JDA) for another ambitious project at Mira Road. This development covers 3.5 acres, boasts a development potential of around 5.5 lakh sq ft, and carries an estimated GDV of Rs 12 billion. Cumulatively, these two strategic additions will contribute a substantial 8.25 lakh sq ft of development potential and a total GDV of Rs 2,300 crore, significantly enhancing the company's already robust residential portfolio in the thriving Mumbai property market.