Sobha Sales

Sobha Q3 sales bookings up 36% to Rs 1,425 cr on strong revival in demand

Bengaluru-based realty firm Sobha Ltd on Friday reported a 36 per cent growth in its sales bookings to Rs 1,424.7 crore for the quarter ended December 2022 on strong revival in demand. In a regulatory filing, Sobha Ltd informed that its sales bookings stood at Rs 1,047.5 crore in the year-ago period. Sobha Ltd achieved highest-ever quarterly sales bookings in the December quarter in terms of both volume and value. The average price realisation improved to Rs 9,650 per square feet, up 21.9 per cent from the corresponding quarter of last year. Achieved highest-ever quarterly sales volume of 1.47 million square feet, with an increase of 11.6 per cent compared to the previous year. During April-December period of this fiscal, Sobha Ltd's sales bookings rose to Rs 3,734.4 crore from Rs 2,760.6 crore a year ago. In the first nine months of this fiscal, the company achieved total sale of 4.17 million square feet, an increase of 16.9 per cent over the preceding year. The average price .

Realty firm Sobha's Q2 post-tax profit zooms 165%, sales at all-time high

The company posted a revenue of Rs 819 crore in the quarter, up 59 per cent on a year on year basis

Sobha clocks record sales bookings of Rs 3,137 cr in FY21 despite COVID

Realty firm Sobha Ltd on Monday reported record sales bookings of Rs 3,137 crore during the last fiscal year despite the COVID-19 pandemic.

Strong Q2 sales performance despite headwinds a positive trigger for Sobha

Its ability to reduce debt is crucial for further gains

Sobha: Leverage, cash flows in coming quarters to be key triggers for stock

Debt reduction over past two quarters is also positive

Sobha's sales momentum to continue in FY19, stock rises nearly 8%

Achieved record sales in FY18; expects to maintain growth on launches