
Strong sales momentum and operational discipline continues to drive SOBHA’s performance
Bangalore, 6 November 2023
Sobha Limited (SOBHA) announced its financial results for the quarter ending September 30, 2023 (Q2-FY24).SOBHA delivered a strong quarter yet again on account of remarkable sales and operational performance. Robust growth in sales has been recorded across all operating regions quarter on quarter, reinforcing strong commitment towards sustainable growthBrief highlights include:
• Highest ever quarterly sales value of Rs. 17.24 billion, up 48.1% compared to Q2-FY23
• Historically highest quarterly new sales area of 1.69 mn sft, up 26.1% over Q2-FY23
• Average Price realization Rs. 10,223 per sft, increase of 17.4% compared to Q2-FY23
• A new milestone of over 1,000 homes sold in a quarter
• Highest ever quarterly Real Estate collections at Rs. 12,598 mn ...









