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For the full year,net profit declined 9.86% to Rs 90.28 crore in the year ended March 2026 as against Rs 100.16 crore during the previous year ended March 2025. Sales rose 1.23% to Rs 555.86 crore in the year ended March 2026 as against Rs 549.09 crore during the previous year ended March 2025.
For the full year,net profit declined 20.33% to Rs 76.88 crore in the year ended March 2026 as against Rs 96.50 crore during the previous year ended March 2025. Sales declined 20.26% to Rs 404.10 crore in the year ended March 2026 as against Rs 506.79 crore during the previous year ended March 2025.
The project is expected to strengthen the company’s near-to-medium term upcoming projects pipeline and further consolidate its presence in its core operating micro-market of South-Central Mumbai.
Rahul Thomas, whole-time director, Suraj Estate Developers, said, “This acquisition marks another significant step in strengthening our development pipeline within our core SouthCentral Mumbai markets. The Dadar micro-market continues to demonstrate strong demand fundamentals supported by excellent connectivity and established social infrastructure. With an estimated GDV of approximately Rs 100 crore, the project bolsters our portfolio of upcoming projects thereby enhancing our medium-term revenue visibility.”
Suraj Estate Developers develops real estate across the residential and commercial sectors in South Central Mumbai region. The company has a residential portfolio located in the markets of Mahim, Dadar, Prabhadevi and Parel.
The company’s consolidated net profit jumped 25.9% to Rs 25.15 crore on 6% rise in net sales to Rs 180.05 crore in Q3 FY26 over Q3 FY25.
The counter jumped 4.45% to settle at Rs 227.50 on the BSE.
Suraj Estate Developers intends to undertake redevelopment the plot of land with sale carpet area of ~ 0.18 lakhs sq ft with an estimated Gross Development Value (GDV) of approximately Rs 100 crore. The project is expected to strengthen the Company's near-to-medium term upcoming projects pipeline and further consolidate its presence in its core operating micro-market of South-Central Mumbai.
Following the acquisition, the company will develop a land parcel admeasuring 717.39 Sq meters situated at Sayani Road, G/South Ward, Prabhadevi, Mumbai. The land is currently owned by Hally Pacific.
The company will acquire 5,000 equity shares with a face value of Rs 100 each at a price of Rs 60,800 per share, aggregating to a total consideration of Rs 30.40 crore.
The said agreement will be completed within 30 days from the execution of share purchase agreement.
The scrip rose 1.42% to end at Rs 217.85 on the BSE.
One Business Bay project with a sale area of 2.09 lakhs sq is being developed on freehold land parcels admeasuring 0.75 acres and is well-connected to Senapati Bapat Marg thereby enabling the company to scale its commercial footprint to cater to the demand for high-quality Grade-A offices enjoying strong connectivity mee ng with Gold LEED standards.
The project comprises of 2 levels of basement, a double-height grand entrance lobby, 8 levels of podium parking, double height E-Deck level (approx. 28 feet height) and 15 office floors having floor to floor height of 14 feet. It features multiple destination-controlled high speed elevators an intelligent system. Each office floor houses 11 to 15 business units, catering to a diverse mix of corporates and other entities. All these features work together combining efficiency, design sophistication, and functionality.