Sobha Ltd Delivers Strong Q1 FY26 Performance

Sobha Limited has kicked off FY26 with a standout performance in the June quarter (Q1), setting new records and showing strong signs of growth. For the first time ever, the company crossed ₹2,000 crore in quarterly pre-sales its best performance to date.

Key Highlights

Net Profit: ₹13.62 crore - up 125% from ₹6.06 crore in Q1 FY25

Revenue: ₹851.93 crore - a 33% increase from ₹640.40 crore last year

Total Sales Value: ₹2,078.8 crore - up 11% YoY and crossing ₹2,000 crore for the first time

Sobha’s Share of Sales: ₹1,717.2 crore - up 26% YoY

Avg. Realization ₹14,395/sq ft –10%

Operational Performance

Area Sold: 1.44 million sq ft — up 23% from last year

Average Price: ₹14,395 per sq ft — slightly down 10% YoY, reflecting product mix

New Launches

Sobha Aurum (Greater Noida): First project in the region, with 420 units

Marina One (Kochi): Four luxury towers with 362 units

Units Delivered: 594 homes, across Bengaluru, Gurugram, Chennai - totaling 1.07 million sq ft

Top Markets

NCR (including Noida): 712K sq ft sold

Bengaluru: ₹602.4 crore in sales

Kerala: ₹209.7 crore

Tamil Nadu: ₹58.7 crore

Continued strong demand for high-quality, amenity-rich homes across cities

Post-election policy clarity has sped up approvals, unlocking launch potential

Sobha is now in a net cash position, with reduced debt and efficient operations, thanks to its backward-integrated business model

With a strong start to FY26, Sobha is on solid ground. Its entry into Greater Noida, strong buyer demand, and improved market conditions all point toward a promising year. Backed by a lean, debt-light structure and a sharp focus on quality delivery, the company appears well-prepared to maintain its upward momentum.