Sobha Limited has announced Q2-25 results, driven by significant achievements in project completions, cash flow, and overall operational success.
PAT was at Rs. 261 mn up 3.3 times QoQ and 74% increase YoY. Net revenue was at Rs. 9,653 mn, up 44% QoQ and 25% increase YoY. Real Estate Collections were at Rs. 12,227 mn. Debt reduction continued to decline with Net Debt / Equity ratio now at 0.08.
Quarterly sales value of Rs. 11.78 bn. Average price realization of Rs. 12,674 per sft, up 24% YoY. Sold new area of 0.93 mn. sft across all regions in Q2-25. Kerala witnessed best-ever quarterly sales of 0.30 mn sft with value of Rs. 3,381 mn. Launched a total saleable area of 0.48 mn sft, in Bangalore.
Jagadish Nangineni, Managing Director, SOBHA Limited said, “Our Q2 FY25 performance reflects continued strength in our operations, fueled by our team’s efforts across functions and sustained demand in residential real estate. The geographical diversification of our project portfolio is paying rich dividends, with the ability to cater to demand across all our eleven operating cities. With solid financial strength of the company, post successful completion of rights issue, coupled with deep operational expertise & international brand recognition, we are effectively positioned to ride the growth wave. Our focus on delivering benchmark quality residences, construction products and services through our unique backward integrated operating model would continue to be our mainstay as we pursue scale.”
