Suraj Estate Developers Ltd has reported its highest-ever quarterly operational performance for the December quarter, led by strong traction in its newly launched commercial project in South-Central Mumbai. The company said sales value in Q3FY26 surged 137% year-on-year to ₹253 crore, while sales area more than tripled to 51,826 sq. ft., up 211% YoY. Collections during the quarter rose 48% to ₹124 crore, reflecting sustained customer traction and execution momentum.

For the nine months ended December 2025, the developer reported sales value of ₹487 crore, up 38% year-on-year, and sales area of 1.03 lakh sq. ft., a 56% increase, driven largely by higher contribution from its commercial portfolio. Total income for Q3FY26 stood at ₹181.5 crore, up 6% YoY, while profit after tax rose 26% to ₹25.2 crore. The company said improving commercial traction and a favourable mix between residential and commercial segments supported overall performance.

Commenting on the results, Rahul Thomas, Whole-time Director, Suraj Estate Developers, said the strong performance was anchored by the successful launch of Suraj One Business Bay, which recorded around 40,000 sq. ft. of sales within 45 days, translating into sales value of about ₹200 crore against a total project GDV of ₹1,200 crore. “This performance underscores the demand for Grade A commercial development in South Central Mumbai,” Thomas said, adding that the company will continue to deepen its presence in the region across both residential and commercial segments to capitalise on rising commercial demand and a growing opportunity pipeline.

Key highlights:

• Q3FY26 Sales Value up 137% YoY to ₹253 crore
• Q3FY26 Sales Area up 211% YoY to 51,826 sq. ft.
• Successful commercial launch of Suraj One Business Bay with ~₹200 crore sales within 45 days
• Recognition as India’s Best Residential Developer at the Euromoney Real Estate Awards 2025

Please find the detailed media release below/attached. Happy to coordinate interviews, management quotes, or any additional inputs you may need.