Sobha share price rallied over 6% on Tuesday after the real estate developer announced its business update for the quarter ended March 2024 and the full financial year 2025. Sobha shares jumped as much as 6.5% to ₹1165.70 apiece on the BSE.
The company’s total sales value was at ₹6,277 crore in FY 2025 as against ₹6,644 crore in FY 2024. Sales value for Sobha in FY25 declined to ₹4,960.5 crore from ₹5,415 crore.
For the fiscal fourth quarter ended March 2025, Sobha’s sales value increased to ₹1,370.2 crore from ₹1,273.5 crore in the year-ago period.
Average Price Realization in FY25 rose to ₹13,412 per sq ft from ₹10,922 per sq ft, year-on-year (YoY). The figure for Q4FY25 was at ₹11,781 per sq ft as against ₹11,230 per sq ft, YoY.
At 12:25 PM, Sobha shares were trading 2.19% higher at ₹1,118.60 apiece on the BSE.
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