Q4 Results: Suratwwala's revenue surges 97% YoY

Pune-based construction company Suratwwala Business Group has reported its earnings for the fourth quarter of the financial year 2024. According to an exchange filing, the company's revenue from operations surged by 97 per cent year-over-year (YoY).

Also, EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 989 per cent from the same period last year to Rs 1046.8 lakhs

Profit Before Tax (PBT) increased 1638 per cent to Rs 1029.5 Lakhs, while Profit After Tax (PAT) stood at Rs 558.6 lakhs.

The company recently informed exchanges that its board has approved a proposal to increase borrowing to Rs 250 crores. 

Suratwwala Business Group Ltd. is one of Pune's premier construction companies.