Price realization of Rs 7,737/square feet achieved during Q2FY21 is the highest price realization achieved by the company as compared to past 5 quarters
Realty firm Sobha reported a 93% decline in its consolidated net profit at Rs 6.6 crore for the quarter ended June as sales and construction activities were stalled because of the Covid-19 pandemic
The company said the demand has remained consistent in all the cities where it operates in spite of uncertainties of the Covid-19 pandemic
In the past one month, Sobha has underperformed the market by falling 27 per cent, as compared to 1 per cent decline in the S&P BSE Sensex.
Street,however, worried over debt
The brand will offer an array of furniture and home furnishings; it has opened the first 'experience' centre in Bengaluru
The plan is to add around three million sq ft of commercial real estate in the next two to three years
Sept quarter performance driven by higher realisations
The stock has fallen 8.7% to Rs 380 on BSE in early morning trade
The stock was down 5% to Rs 226 after the company reported a flat consolidated net profit at Rs 38 cr in Q2FY17
The stock rallied 7% to Rs 346 on the BSE.
Revenue up 10% to Rs 558 cr; firm achieves new sales of 885,685 sq ft with average realisation of Rs 6,037 per sq ft