SURAJ ESTATE Q2 : CONSOLIDATED NET PROFIT DOWN 30.1% AT RS 23.07 CR (YOY), UP 1% (QOQ). WEAK (ON FIRST LOOK)

• Revenue up 17.6% at ₹170.04 Cr (YOY), up 17.5% (QOQ). • Total expenses up 38.3% at ₹140.13 Cr (YOY); finance costs up 19.1% at ₹24.39 Cr (YOY). • PBT down 29.8% at ₹30.96 Cr (YOY), down 1.1% (QOQ); EPS ₹4.98 vs ₹7.15 (YOY). • Impact: Net profit declined 30.1% YoY despite revenue growth, with expenses and finance costs rising.

Suraj Estate Developers Limited

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