Sunteck Realty clocks 16% fall in sales bookings at Rs 1,022 cr in FY21

New Delhi: Mumbai-based Sunteck Realty has clocked 16 percent fall in its sales bookings which stood at Rs 1,022 crore in the last financial year 2020-2021. It had reported sales bookings of Rs 1,221 crore in the previous year 2019-2020.

The company achieved sales bookings of Rs 301 crore in the first six months of the 2020-21. In the second half of last fiscal, the company recorded sales bookings of Rs 720 crore. 

The collections from customers jumped to Rs 780 crore in the fiscal 2020-21 as compared to Rs 715 crore in the previous year, the company said in a regulatory filing.

"Aggressive project acquisition was done in FY21 within the industry - three new project acquisitions under the asset-light strategy totalling to approximately 8 million sq ft at Vasai, Vasind and Borivali," Sunteck said in its operational detail for the last fiscal.