Latest news with #Sobha
Business Standard
3 days ago
- Business
- Business Standard
Sobha gains after Q4 PAT soars 481% YoY to Rs 41 cr
Sobha jumped 3.58% to Rs 1,437.10 after the company's consolidated net profit surged 481.2% to Rs 40.86 crore on 62.6% increase in revenue from operations to Rs 1,240.62 crore in Q4 FY25 over Q4 FY24. Profit before tax (PBT) soared 415.2% YoY to Rs 56.21 crore in the quarter ended 31st March 2025. EBITDA stood at Rs 124.2 crore in Q4 FY25, up 37% compared with Rs 90.5 crore posted in corresponding quarter last year. EBITDA margin reduced 9.8% in Q4 FY25 as against 11.4% in Q4 FY24. In Q4 FY25, total sales value rose 22% year-on-year to Rs 1,836 crore. Average price realization increased 5% YoY to Rs 11,781 per sq ft, while new sales area grew 16% YoY to 1.56 million sq ft in Q4 FY25. Collections for Q4 FY25 stood at Rs 1,785 crore, registering a growth of 7% YoY. For full year, the companys consolidated net profit net profit jumped 92.8% to Rs 94.69 crore on 30.4% increase in net sales to Rs 4,038.69 crore in FY25 over FY24. Jagadish Nangineni, managing director, Sobha said, Q4 FY25 reflected steady and encouraging progress for SOBHA, supported by strong sales, successful project launches, solid revenue growth, and healthy cash inflows. The rights issue has further strengthened our financial position, enabling us to stay focused on execution and expansion. With the real estate sector continuing to perform well, we see strong potential in the year ahead. The current financial year looks promising, with a robust pipeline of project launches and our planned entry into new cities. Our unwavering commitment to delivering high-quality homes remains our core focus. As we move forward, Sobhas dedication to excellence, innovation, and stakeholder trust will continue to guide our growth and reinforce our position in the sector. Meanwhile, the companys board recommended a dividend of Rs 3 per share for FY25, subject to the approval of the members in the forthcoming annual general meeting (AGM). Sobha is the leading national real estate brand in the country that offers international quality homes, and commercial and contractual projects delivered on time, through its backward integration model.
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Business Standard
3 days ago
- Business
- Business Standard
Sobha shares rise 7% on posting healthy Q4 results; PAT jumps 481% YoY
Sobha share price gained 6.7 per cent in trade on Friday, May 30, 2025, logging an intraday high at ₹1,480.7 per share on BSE. The buying interest sparked after the company posted healthy Q4 results. At 10:26 AM, Sobha share price was up 2.27 per cent at ₹1,418.9 per share on the BSE. In comparison, the BSE Sensex was down 0.27 per cent at 81,411.86. The market capitalisation of the company stood at ₹15,171.49 crore. The 52-week high of the stock was at ₹2,179.81 per share and the 52-week low of the stock was at ₹1,075.7 per share. Sobha Q4 results 2025 The real estate company posted its Q4 results, after market hours, on Thursday. In the fourth quarter, its profit after tax (PAT) increased 481.7 per cent to ₹40.85 crore as compared to ₹7.02 crore a year ago. The company's revenue from operations rose by 62 per cent to ₹1,240.61 crore in the Q4FY25, it had reported ₹762.86 revenue in the corresponding quarter of FY24. The company's collections in Q4FY25 stood at ₹1,785 crore, reflecting a 21 per cent quarter-on-quarter (Q-o-Q) increase and a 7 per cent year-on-year (Y-o-Y) growth, while total collections for FY25 reached ₹6,184 crore. Net debt was reduced substantially to ₹630 crore in the March quarter of FY25. The company's quarterly sales value reached ₹1,836 crore, reflecting a 32 per cent Q-o-Q increase. The average price realisation in FY25 rose by 23 per cent Y-o-Y to ₹13,412 per sq. ft. During Q4 FY25, the total sold area amounted to 1.56 million sq. ft, marking a 53 per cent Q-o-Q growth. Sobha dividend 2025 The company has proposed a dividend of ₹3 per equity share for the financial year ending March 31, 2025. This proposal is subject to shareholder approval at the upcoming Annual General Meeting.
Business Standard
3 days ago
- Business
- Business Standard
Sobha consolidated net profit rises 481.22% in the March 2025 quarter
Sales rise 62.63% to Rs 1240.62 crore Net profit of Sobha rose 481.22% to Rs 40.86 crore in the quarter ended March 2025 as against Rs 7.03 crore during the previous quarter ended March 2024. Sales rose 62.63% to Rs 1240.62 crore in the quarter ended March 2025 as against Rs 762.86 crore during the previous quarter ended March 2024. For the full year,net profit rose 92.81% to Rs 94.69 crore in the year ended March 2025 as against Rs 49.11 crore during the previous year ended March 2024. Sales rose 30.41% to Rs 4038.69 crore in the year ended March 2025 as against Rs 3096.95 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1240.62762.86 63 4038.693096.95 30 OPM % 7.588.14 - 7.298.94 - PBDT 79.1831.41 152 222.83152.45 46 PBT 56.2110.91 415 133.0074.23 79 NP 40.867.03 481 94.6949.11 93
Business Upturn
3 days ago
- Business
- Business Upturn
Sobha shares jump over 3% as Q4 revenue rises 63% YoY to Rs 1,240.6 crore, EBITDA up 51.5% YoY
By Aman Shukla Published on May 30, 2025, 10:11 IST Sobha shares jumped over 3% as the company announced its Q4 results. As of 10:09 AM, the shares were trading 3.56% higher at Rs 1,438.00. The company's net profit jumped to ₹40.8 crore, compared to ₹7 crore in the same quarter last year. Revenue for the quarter grew nearly 63% year-over-year to ₹1,240.6 crore from ₹762.8 crore. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 51.5% to ₹94 crore, up from ₹62 crore in the corresponding period last year. However, the EBITDA margin declined slightly to 7.57% from 8.13% year-over-year. Sobha declared a dividend of ₹3 per equity share (30%), pending approval at the upcoming Annual General Meeting. The record date for the dividend is yet to be announced. Sobha shares opened at ₹1,447.80, reaching a high of ₹1,479.90 and a low of ₹1,428.10 during the trading session. The stock remains well below its 52-week high of ₹2,161.21, indicating potential for growth. However, it is comfortably above its 52-week low of ₹1,075.30. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Economic Times
3 days ago
- Business
- Economic Times
Sobha shares in focus after Q4 profit jumps nearly 6-fold to Rs 41 crore
Sobha shares: For FY 2024–25, the company reported a net profit of ₹94.68 crore, a significant increase from ₹49.11 crore in the previous fiscal year, while total income rose to ₹4,162.75 crore from ₹3,217.88 crore. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Sobha share price outlook Shares of real estate developer Sobha will be in focus on Friday after the company reported a nearly six-fold jump in consolidated net profit to Rs 40.85 crore for the quarter ended 31 March 2025, up from Rs 7.02 crore in the same period last year, driven by higher income rose to Rs 1,270.73 crore in Q4FY25, compared to Rs 791.25 crore a year earlier, according to a regulatory the full fiscal year 2024-25, net profit rose to Rs 94.68 crore, up from Rs 49.11 crore in FY24, while total income grew to Rs 4,162.75 crore from Rs 3,217.88 Nangineni, Managing Director of Sobha , said the fourth quarter reflected 'steady and encouraging progress' driven by strong sales, successful project launches, solid revenue growth, and healthy cash added that the recent Rights Issue has further strengthened the company's financial position, allowing it to stay focused on execution and expansion. 'With the real estate sector continuing to perform well, we see strong potential in the year ahead. The current financial year looks promising, with a robust pipeline of project launches and our planned entry into new cities,' Nangineni in 1995, Sobha has delivered over 143.65 million square feet of developable area across 27 Indian to Trendlyne, the average target price for Sobha is Rs 1,581, suggesting a potential upside of nearly 14% from current levels. Of the 17 analysts tracking the stock, the consensus rating is 'Buy'. Sobha shares have declined 17% over the past six months but are up 181% over the past two years. The company's current market capitalisation stands at Rs 14,834 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
