Sobha Limited records 49% growth in sales bookings at Rs 1,000 cr

08 Oct 2021 CW Team

Real estate company Sobha Limited has recorded 49% growth in sales bookings at Rs 1,030.2 crore during the second quarter (Q2) of the fiscal year (FY) 2022 on housing demand. In 2020, the company sold properties worth Rs 689.9 crore.

The company informed that the sales booking volume increased to 13,48,84 sq ft in Q2 in FY22 from 8,91,700 sq ft in Q2 FY21.

The sales bookings of Sobha have increased to Rs 1,713.1 crore during April-September in FY22 from Rs 1,177.6 crore in the same period in FY21.

Overall, in FY 2020-21, the company recorded sales bookings of Rs 3,137.2 crore.

Sobha Ltd said that with this festive season, the company plans new launchings in the next quarter and expects to sustain momentum in the second half (2H) of the fiscal year.

Sobha said that it received the best-ever sales volume at sustainable price realisation in Q2 FY22.

The company said that it achieved good sales numbers in Bengaluru, Gurugram, Pune and Gujarat International Finance Tec-City (GIFT City). Kerala also witnessed improved sales performance in Q1 FY22. The situation could have been better, but for the prolonged period of the Covid-19 pandemic.

Image Source

Also read: Macrotech Developers Q2 FY22 sales: Bookings jump to Rs 2,003 cr

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..