Sobha Limited — Important, 29-05-2025: General Updates

Sobha Limited has announced a board meeting to review the financial results for the quarter and half-year. FY25 sales hit ₹6277 Cr on 4.67 Mn sqft, with revenue at ₹4163 Cr. EBITDA margin was 10.2%, PAT margin 2.2%. Net debt turned negative at ₹(630) Cr, aided by a ₹1999 Cr rights issue, mainly used for debt reduction and project funding. Inventory is 11.44 Mn sqft, backed by strong sales visibility and a 432-acre land bank in key cities, setting the stage for steady growth.