Relaty Services company Sobha announced Q3FY25 results PAT was at Rs 217 million increased by 43.8% YoY. Net revenue was at Rs 12,569 million, up 30.2% QoQ and 76.1% increase YoY. Real Estate Collections were at Rs 10,627 million up by 36% QoQ and 104% increase YoY. Net Debt at the end of the quarter stands at by 4.56 billion, with Net Debt / Equity Ratio now at 0.13. Jagadish Nangineni, Managing Director, SOBHA, said: “Our financial and operational strength has significantly increased this year with the rights issue and improved visibility. We embark on entering three new cities – Greater Noida, Hosur and Mumbai in the next year, increasing our footprint to fifteen cities in the country. This reaffirms our commitment to delivering highquality homes to a broader customer base while maintaining financial prudence. With the real estate sector on a steady growth trajectory, we are poised for significant momentum with upcoming project launches. As we move forward, we remain focused on excellence in execution, ensuring that every home we deliver upholds the Sobha promise of superior craftsmanship and design. Our unwavering dedication to quality will continue to guide our growth and strengthen our leadership in the real estate sector”. Result PDF