Suraj Estate Developers reports INR133 crore Q1 revenue

Suraj Estate Developers reported Q1 FY26 revenue of INR133 crores and profit after tax of INR21.3 crores. Collections grew 60% year-on-year to INR115 crores, while presales fell to INR81 crores due to limited available inventory.

The company plans to launch projects worth INR1,600 crores GDV in H1 FY26. It added 2 lakh sq ft carpet area to its Marinagar project, potentially generating incremental GDV of INR800 crores. The pipeline now includes 19 projects with 12,20,307 sq ft saleable carpet area.