The Board of Directors of Suraj Estate Developers Limited, at their meeting on January 28, 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For the third quarter (Q3 FY26), the company reported a consolidated revenue from operations of ₹1,800.52 crores, representing a 6.01% increase compared to ₹1,698.47 crores in the corresponding quarter of the previous year (Q3 FY25). The consolidated net profit for the quarter stood at ₹251.66 crores, marking a substantial growth of 25.93% from ₹199.84 crores in the same period last year. On a sequential (QoQ) basis, while revenue showed resilience, the company experienced margin pressures compared to the previous quarter ended September 30, 2025, where total income was ₹145.42 crores. Despite these pressures, the nine-month performance remained steady with a total revenue of ₹4,570.84 crores.

Suraj Estate Developers Limited, established in 1986, is a prominent real estate player specializing in the redevelopment of residential and commercial properties in South Central Mumbai, particularly in Dadar, Prabhadevi, and Mahim. The company maintains a leading position in the redevelopment market, holding approximately a 61% share in its core regions. In recent 2025 updates, the company achieved a major milestone by recording ₹200 crore in gross bookings for its flagship commercial project, ‘One Business Bay’, within just 45 days of its launch. Additionally, Suraj Estate was honored with the EuroMoney Real Estate Award 2025 for “India’s Best Residential Developer,” reflecting its four-decade legacy and operational excellence. The company continues to expand its portfolio, recently launching ‘Suraj Park View 1’ in Dadar with an expected Gross Development Value (GDV) of ₹250 crore. Notable institutional investors include IEGFL – Multi Opportunity and various Foreign Institutional Investors (FIIs), which recently increased their stake to 1.77% in the December 2025 quarter.