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Sobha reports 13% rise in sales value during Q2FY23

12 Oct 2022 Evaluate

Sobha has achieved highest ever quarterly sales value of Rs 1164.20 crore in Q2FY23 as compared to Rs 1030.20 crore in Q2FY22 i.e. up by 13%. In Q1FY23, the company has achieved sales value of Rs 1145.50 crore. The company’s share of sales value stood at Rs 961.00 crore in Q2FY23 as compared to Rs 854.20 crore in Q2FY22. Average Price realization improved to Rs 8709 /sft, increased by 14.0% from Q2FY22.

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 1152.90
Prestige EstatesProj 1597.70
Dilip Buildcon 394.25
DLF 736.85
Oberoi Realty 1713.80
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