Sobha’s Q3 PAT jumps 43.8% y-o-y to ₹21.7 crore on strong operational performance
Sobha Ltd has reported a profit after tax (PAT) of ₹21.7 crore reflecting a 43.8 per cent year- on-year increase. The company’s quarterly performance was driven by consistent operational execution and sustained demand, it stated.
Revenue hike
The real estate player posted a net revenue of ₹1,256.9 crore, with a 76.1 per cent y-o-y growth. Sequentially, revenue increased by 30.2 per cent. Collections from real estate saw growth by 104 per cent, at ₹1,062.7 crore.
Looking ahead, the company plans to expand into three new cities—Greater Noida, Hosur, and Mumbai—next year, bringing its total footprint to 15 cities across India.
Steady growth trajectory
Commenting on the quarter performance, Jagadish Nangineni, Managing Director, SOBHA Ltd said, “Our financial and operational strength has significantly increased this year with the rights issue and improved visibility. This reaffirms our commitment to delivering high-quality homes to a broader customer base while maintaining financial prudence. With the real estate sector on a steady growth trajectory, we are poised for significant momentum with upcoming project launches.”
The shares of the company closed at ₹1,309.70, down by 0.81 per cent on the BSE.
