Sobha Ltd Reports Impressive 11% Increase in Sales Bookings
Key Highlights:
- 11% increase in sales bookings: Sobha Ltd witnessed a remarkable growth in sales bookings, reaching Rs 2,039.3 crore in the fourth quarter of the last fiscal year.
- Record-high annual sales bookings: The company achieved a record high of Rs 8,135.9 crore for FY26, outshining global trade and geopolitical challenges.
- Strong regional performances:
- Bengaluru contributed Rs 4,478 crore
- Delhi-NCR and Kerala also showed robust performances
- Resilience of India's real estate sector: Sobha's achievement underscores the stability of domestic consumption driving the sector.
The impressive growth is a testament to Sobha's ability to navigate the challenges posed by global trade and geopolitical uncertainties, ultimately emerging stronger.