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Sobha: Going forward, we have Rs 12,000 crore of unrecognised revenue, which is coming at a much higher margin: Sobha MD

Sobha explains that the revenue and margin pressure is due to the completion of pre-Covid projects. The company expects an uptick in revenue and margin percentages as the pace of deliveries increases. The focus on cash flow management helps maintain positive net cash flow and a low net debt to equity ratio.
United Arab Emirates Uttar Pradesh Jagadish Nangineni Indian School Of Business Offering College Leadership Excellence

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