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FINWIRES

Sunteck Realty's Consolidated Profit Jumps in Fiscal Q4

-- Sunteck Realty's (NSE:SUNTECK, BOM:512179) consolidated attributable profit rose to 637.5 million Indian rupees in the fiscal fourth quarter ended March 31, from 503.9 million rupees a year ago.

The real estate developer's earnings per share rose to 4.34 rupees from 3.44 rupees a year earlier, according to a Monday filing to the Indian stock exchanges. The EPS was lower than the 5.44 rupees estimated by the analysts polled by Visible Alpha.

Revenue from operations in fiscal Q4 also increased to 3.39 billion rupees from 2.06 billion rupees a year ago. This was also lower than Visible Alpha's estimate of 3.97 billion rupees.

The company's board recommended a final dividend of 1.50 rupees per equity share of the face value of 1 rupee each for the financial year ended March 31.

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