मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Sobha's new markets to decide fate after FY25 disappoints
Mint New Delhi
|April 10, 2025
On shaky ground
Southern India-focused real estate developer Sobha Ltd saw robust pre-sales or bookings of ₹1,835.7 crore in the March quarter (Q4FY25), up 22% year-on-year and 32% sequentially. The uptick was largely led by the launch of two new projects in its key market: Bengaluru.
Still, Q4's upbeat show could not save the realtor from missing its FY25 pre-sales guidance of ₹8,500 crore given when the year began. FY25 pre-sales fell 6% year-on-year to ₹6,277 crore. High-ticket launch conversion (Gurgaon and Crystal Meadows, Bengaluru) to sales has been slower, and few large launches were multi-phased, thus hurting the FY25 pre-sales trajectory, said HDFC Securities.
यह कहानी Mint New Delhi के April 10, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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