Nimbus Group Reports Surge in Sales Booking in second quarter of the Fiscal Q2 FY 2025-26

Nimbus Projects Limited (BSE: NIMBSPROJ), a leading real estate developer in Delhi-NCR, has reported significant growth in sales and collections for Q2 FY 2025-26. The company operates in the National Capital Territory of Delhi mainly focusing in Noida & Greater Noida Region. Company has recently entered into the premium segment by acquiring the project "Sunworld Arista Ph-2". The total saleable area in the project is 1.10 million sq. fts.

Key Sales Highlights:

Sales Momentum: Nimbus Projects Limited has reported 8.63% surge in sales booking to Rs.239.00 crores in the second quarter of this fiscal Q2 FY 2025-26. Sales booking or pre sales stood at Rs.220.00 crores in the year ago period. The Pre Sales during H1FY26 stood at Rs. 311.00 Crores.

Collections Surge: The company's collection rose to Rs.70.00 crores in the Q2 FY 2025-26 which is 8.63% surge.

Nimbus Projects Limited further reports that its Joint Venture firm IITL-Nimbus The Palm Village pursuant to surrender of 55219.178 sq. mts of Land out of total allotted Land of 102995.70 Sq. mts under PSP Scheme of U.P Government filled a revision petition before the state Government Principal Secretary Department of Industrial and Development, Lucknow against the impugned order.

Acting upon the revision petition of the firm, Principal Secretary vide its order dated 15.07.2025 accepted the pleas of the firm and directed YEIDA to recalculate the working of Land to be allotted in favour of the firm after considering the credit of Interest paid by the firm along with other directions.

Nimbus Projects Limited reports that after considering the above facts, Firm is expecting to get the additional Land of 24,365 sq. mts of Land. Permissible FAR is 3 and approximately 1.10 million sq. fts of saleable area shall be developed on this land.

Commenting on the Company's Sales Performance, Mr. Bipin Agarwal, Chairman and Managing Director, said: "Nimbus Projects Limited remains committed to delivering excellence in real estate, and our strong sales and collection figures in Q2 FY2025-26 and 6M FY2025-26 demonstrate the trust customers have in our projects. With a high volume of sales across our developments, we are well-positioned to maintain momentum and drive sustained growth in the coming quarters."

"We are excited about the future as we focus on launching high-end developments that redefine urban living while maintaining our commitment to affordability and quality. Our ongoing projects are designed to set new benchmarks in architectural excellence and sustainable development. Backed by operational efficiencies and a customer-centric approach, we remain confident in delivering long-term value to our stakeholders."

Shares of NIMBUS PROJECTS LTD. was last trading in BSE at Rs. 285.35 as compared to the previous close of Rs. 287.95. The total number of shares traded during the day was 12158 in over 189 trades.

The stock hit an intraday high of Rs. 295.80 and intraday low of 280.00. The net turnover during the day was Rs. 3541677.00.

Source : Equity Bulls

Keywords

NIMBUSPROJECTS INE875B01015 Realty RealEstate DelhiNCR Q2FY2026