MUMBAI – Sunteck Realty has announced a robust 34% year-on-year increase in pre-sales, reaching Rs 702 crore for the July-September quarter, fueled by sustained demand across its residential projects in the Mumbai Metropolitan Region (MMR). The company’s net profit surged 41% to approximately Rs 49 crore, with net margins standing at 19%. During the quarter, collections rose 24% to Rs 331 crore, while revenue from operations climbed 49% to Rs 252 crore. Operating profit more than doubled, growing 108% year-on-year to Rs 78 crore, with operating margins expanding by 873 basis points to 31%, according to the company’s regulatory filing. For the first half of FY26, Sunteck Realty’s pre-sales increased 32% year-on-year to Rs 1,359 crore. Collections for the period reached Rs 682 crore, marking a 12% rise, while revenue from operations totaled Rs 441 crore. Operating profit for H1 FY26 surged 83% to Rs 126 crore, and net profit grew 44% to Rs 82 crore. The company also reported a net operating cash flow surplus of Rs 258 crore, up 35% year-on-year, with a conservative net debt-to-equity ratio of 0.04 times. Expanding its footprint, Sunteck Realty has added two new projects in Mumbai’s western suburbs. It has been appointed the preferred developer for a residential redevelopment project in Andheri, spanning 2.5 acres with a development potential of approximately 2.75 lakh sq ft and an estimated Gross Development Value (GDV) of Rs 1,100 crore. Additionally, the company is entering a Joint Development Agreement (JDA) for a Mira Road project covering 3.5 acres, offering a development potential of around 5.5 lakh sq ft and an estimated GDV of Rs 1,200 crore. Combined, these projects represent a total development potential of 8.25 lakh sq ft and a cumulative GDV of Rs 2,300 crore, significantly enhancing Sunteck Realty’s residential portfolio in the Mumbai Metropolitan Region.