Sobha Limited — Updates, 06-02-2025: Press Release
Sobha Limited’s recent financial results for Q3 FY25 indicate robust performance across operational parameters, driven by sustained demand and a strong brand presence. The company's Profit After Tax (PAT) rose by 43.8% YoY to ₹217 million, while net revenue surged by 76.1% YoY to ₹12,569 million. Real estate collections reached ₹10,627 million, up 104% YoY. The quarterly sales value stood at ₹13.89 billion, increasing 17.8% QoQ, with 1.02 million square feet sold, a 9.3% QoQ growth. As of Q3 FY25, Sobha launched 1.13 million square feet in Bangalore, with 4.66 million square feet launched across four cities in the first nine months of FY25. The company plans to expand into Greater Noida, Hosur, and Mumbai, reinforcing its commitment to providing quality homes. Despite rising activity levels, the net debt remains manageable at ₹4.56 billion, resulting in a Net Debt/Equity Ratio of 0.13, indicating sound financial health. Investors should view this growth and strategic expansion positively, as Sobha positions itself for further success in the real estate market.
