Sobha Q3 Results: Realty steadfast Sobha Ltd connected Thursday reported a 44 per cent summation successful its consolidated nett net to Rs 21.68 crore for the 4th ended December 31, 2024. Its nett net stood astatine Rs 15.08 crore successful the year-ago period.
Total income accrued to Rs 1,256.87 crore successful the 3rd 4th of this fiscal against Rs 713.74 crore successful the corresponding play of the preceding year, according to a regulatory filing.
"Our fiscal and operational spot has importantly accrued this twelvemonth with the rights contented and improved visibility," Jagadish Nangineni, Managing Director of Sobha, said.
"We embark connected entering 3 caller cities - Greater Noida, Hosur and Mumbai - successful the adjacent year, expanding our footprint to 15 cities successful the country. This reaffirms our committedness to delivering high-quality homes to a broader lawsuit basal portion maintaining fiscal prudence," helium added.
With the existent property assemblage connected a dependable maturation trajectory, Nangineni said the institution is poised for important momentum with upcoming task launches.