Press Release

SunteckRealtyLimited
SunteckRealtyAnnouncesQ2andH1FY2017Resultsandreportsasixfold
increaseinIncomefromOperations

IncomefromOperationsjumpsalmostsixfoldtoRs.206croresinQ2FY2017
IncomefromOperationsjumpsalmosteightfoldtoRs.731croresinH1FY2017
EBITDAjumpstoRs.126croresinQ2FY2017v/sRs.10croresinQ2FY2016
EBITDAjumpstoRs.241croresinH1FY2017v/sRs.28croresinH1FY2016

Mumbai, December 12, 2016: Sunteck Realty Limited, Mumbais premier real estate developer
cateringtothepremiumandultrapremiumsegmenttodayannounceditsfinancialresultsforthe
quarterandhalfyearendedonSeptember30,2016.

FinancialHighlights:
P&L(consolidated)Rscrores
IncomefromOperations
EBITDA
NetProfit**
OperatingMargin

Q2FY17 Q2FY16
206
126
96
61%

30
10
(8)
33%

%change
yoy
582%
1160%

**includesothercomprehensiveincome

H1FY17

H1FY16

731
241
156
33%

84
28
6
34%

%change
yoy
774%
752%

OperationalHighlights:
OperationalDataRscrores
Presales(newbookings)
Collections
CostIncurred

H1FY17 H1FY16
344
286
141

232
165
116

%change
yoy
48%
73%
22%

CommentingontheQ2FY17performance,Mr.KamalKhetan,ChairmanandManagingDirector,
SunteckRealty Limited said: I am pleased toannounce that Sunteck Realty continued itsstrong
performancebothoperationallyandfinanciallyforthefirsthalfofFY2017.Ourprudentcashflow
management practices along with financial discipline have enabled us to strengthen the balance
sheetfurther.Wefeelthatorganizedplayerswithstrongbalancesheetwillbenefitfrommeasures
liketherecentdemonetizationpolicyandintroductionofRERA.Theimprovedliquidityinthesystem
duetodemonetizationwillresultinreductionofhomeloanratesandbringdowntheEMIsforhome
buyers,whichshouldgiveaboosttotherealestatesectorinthecomingquarters.Regulationslike
RERAwillalsobringinmoretransparencyinthesector.Sunteckisallgeareduptomaximizethese
opportunities.

Page 1
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

Press Release
AboutSunteckRealty
SunteckRealtyLimited(SRL)isaMumbaibasedrealestatedevelopmentcompany,cateringtothe
premium ultraluxury and luxury residential segment. SRL boasts of a city centric development
portfolioofabout23millionsquarefeetspreadacross25projectsand4rentedassets.Suntecks
flagshipprojectsatBandraKurlaComplex(BKC)comprisesofthreeresidentialprojects:Signature
Island, Signia Isles and Signia Pearl which are home to some of the head honchos of top global
conglomerates.AnotherkeyprojectofSunteckisa23acretownshipknownasSunteckcity,amixed
useddevelopmentinGoregaon(W).SunteckalsohasprojectsinSion,Borivali,Andheri,Airoli(Navi
Mumbai)amongstotherlocationsinMumbai.SunteckislistedonBSEandNSE,SRLhasbeenbacked
byrespectedstrategicpartnerslikeAjayPiramal,KotakRealtyFundandnotedpensionfunds,FIIs
andPrivateEquity.Suntecktodayenjoysoneofthestrongestbalancesheetswithnegligibledebt
levelsandvisiblecashflows.

Disclaimer
Certain statements in this document may be forwardlooking statements. Such forwardlooking
statements are subject to certain risks and uncertainties like regulatory changes, local political or
economic developments, technological risks, and many other factors that could cause our actual
results to differ materially from those contemplated by the relevant forward looking statements.
Sunteck Realty Limited will not be in any way responsible for any action taken based on such
statements and undertakes no obligation to publicly update these forwardlooking statements to
reflectsubsequenteventsorcircumstances.

Forfurtherdetails,pleasecontact:
InvestorRelations

Corporatecommunications

SumeshMishra/PrashantChaubey/MohitSoni KrutiKhandelwal
SunteckRealtyLimited

SunteckRealtyLimited

Tel:+912242877800

Tel:+912242877800

Email:ir@sunteckindia.com

Email:corporaterelations@sunteckindia.com

AdfactorsPR

KarishmaHRane
Tel:+912267574444
Email:karishma.rane@adfactorspr.com

Page 2
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