MoneyWorks4Me

Sobha reports 22% rise in sales bookings during Q1 FY19

09 Jul 2018 Evaluate

Sobha has reported sales bookings worth Rs 762.4 crore during the first quarter of this fiscal as against Rs 623.4 crore in the year-ago period, registering a growth of 22.29%.

Besides, the company sold 9,60,085 square feet area during April-June quarter of this fiscal, up 17.76% from 8,15,230 square feet in the same period of last financial year.

Sobha is one of the fastest growing and foremost backward integrated real estate players in the country. It primarily focuses on residential and contractual projects.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 410.85
DLF 680.50
Oberoi Realty 1850.05
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