Sunteck Realty Q2 FY27 Results: Consolidated Net Profit ₹57.11 Crore on Total Income of ₹334 Crore
Earnings
Real estate development
Blacklitt Research3 min read
Sunteck Realty (NSE: SUNTECK) reported consolidated total income of ₹333.82 crore and net profit of ₹57.11 crore for the quarter ended 30 Sep 2026. Standalone total income was ₹306.13 crore and standalone net profit ₹56.26 crore.
Key highlights
Consolidated
Including its subsidiaries
Total income: ₹333.82 crore, up 27.3% YoY and 65.2% QoQ
Net profit and EPS: ₹57.11 crore, up 16.6% YoY; basic EPS ₹3.96 against ₹3.34
Finance costs: ₹21.20 crore, 6.4% of total income; up 6.2% YoY
Standalone
The company on its own, without its subsidiaries
Total income: ₹306.13 crore, up 375.3% YoY and 115.5% QoQ
Net profit and EPS: ₹56.26 crore against ₹2.89 crore a year earlier; basic EPS ₹3.83 against ₹0.20
Tax expense: ₹18.37 crore, 24.6% of profit before tax of ₹74.64 crore
Summary
Consolidated ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
333.82
262.16
+27.3%
202.03
+65.2%
Revenue from operations
320.81
252.37
+27.1%
191.56
+67.5%
Other income
13.01
9.80
+32.8%
10.47
+24.3%
57.11
48.97
+16.6%
41.96
+36.1%
Profit before tax
76.64
64.82
+18.2%
52.48
+46.0%
Finance costs
21.20
19.97
+6.2%
21.51
-1.5%
Depreciation
3.90
3.80
+2.5%
3.89
+0.2%
Tax expense
19.53
15.86
+23.1%
10.52
+85.6%
Net profit margin
17.11%
18.68%
-1.57 pp
20.77%
-3.66 pp
EPS, basic (₹)
3.96
3.34
+18.6%
2.88
+37.5%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit rose 16.6% year on year, slower than total income, which rose 27.3%. Profit before tax was ₹76.64 crore against ₹64.82 crore a year earlier, up 18.2%, and the tax expense of ₹19.53 crore is 25.5% of that profit before tax.
Other income of ₹13.01 crore is 3.9% of total income and 17.0% of profit before tax. Profit attributable to owners of the holding company was ₹58.17 crore, against a profit for the period of ₹57.11 crore; the non-controlling interest line shows a loss of ₹1.06 crore.
Tax expense rose to ₹19.53 crore from ₹10.52 crore in the June 2026 quarter, and was ₹15.86 crore a year earlier. The filing says the company adopted the concessional tax regime under Section 115BAA of the Income-tax Act, 1961 in this period, and that the resulting one-time tax impact is recognised in tax expense for the current period.
The auditors draw attention to a ₹14.03 crore receivable from Kanaka and Associates, a partnership firm in which the company was a partner until 6 Oct 2020. The matter is disputed: the arbitration award of 4 May 2018 in the company's favour has been challenged in the Bombay High Court. Management believes the balance is fully recoverable, and the auditors' conclusion is not modified.
Standalone ₹ crore
Particulars
Q2 FY27
Q2 FY26
YoY
Q1 FY27
QoQ
306.13
64.41
+375.3%
142.07
+115.5%
Revenue from operations
301.08
60.46
+398.0%
137.71
+118.6%
Other income
5.05
3.95
+28.0%
4.36
+15.9%
56.26
2.89
n/a
34.73
+62.0%
Profit before tax
74.64
3.44
n/a
42.50
+75.6%
Finance costs
16.51
15.00
+10.1%
16.38
+0.8%
Depreciation
2.07
1.97
+5.1%
2.07
-0.1%
Tax expense
18.37
0.56
n/a
7.76
+136.7%
Net profit margin
18.38%
4.48%
+13.90 pp
24.45%
-6.07 pp
EPS, basic (₹)
3.83
0.20
n/a
2.37
+61.6%
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit was ₹56.26 crore against ₹2.89 crore a year earlier, and profit before tax was ₹74.64 crore against ₹3.44 crore. Tax expense of ₹18.37 crore is 24.6% of profit before tax, against ₹7.76 crore in the June 2026 quarter.
Revenue from operations rose 398.0% year on year, faster than other income, which rose 28.0%. Other income of ₹5.05 crore is 1.6% of total income, and finance costs of ₹16.51 crore are 5.4% of total income.
Consolidated net profit of ₹57.11 crore is ₹0.85 crore higher than the standalone figure of ₹56.26 crore. The standalone statement records the same one-time tax impact from the concessional tax regime in tax expense for the current period.
Inference
The company subscribed 10,000 shares of ₹10 each, amounting to ₹1.00 lakh in each case, in three new wholly owned subsidiaries: Eminara Realty Private Limited, Eminara Lifespace Private Limited and Eminara Buildcon Private Limited. Consolidated paid-up equity share capital is ₹14.68 crore.
At 30 Sep 2026 consolidated net worth was ₹3,695.69 crore, and liabilities towards land owners for joint development arrangements were ₹3,499.76 crore, shown as current liabilities. The company issued commercial papers after the quarter; the filing says they are unsecured and listed on BSE, and none were outstanding at 30 Sep 2026. Dividends of ₹22.03 crore were paid in the six months.
The consolidated statement also carries ₹17.90 crore of investment in Piramal Sunteck Realty Private Limited, a joint venture whose lease premium dispute with CIDCO is pending before the Bombay High Court. A reader would want the amount of the one-time tax impact, the dividend per share and record date, and the timing of the Kanaka and Associates outcome, and the filing gives none of these.
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