IndustryLatest Stories

Sobha’s Q1 FY27 Net Profit Soars 274% to ₹50.84 Crore

NEW DELHI: Sobha has announced a remarkable 273.5% increase in its net consolidated profit after tax, totaling ₹50.84 crore for the quarter ending June 30, 2026, compared to ₹13.61 crore during the same period last year. The company’s net consolidated total income rose 47.6% to ₹1,330.17 crore in Q1 FY27, up from ₹901.40 crore in Q1 FY26. Real estate sales value surged 76% year-on-year, reaching ₹3,656 crore. The company sold 2.34 million sq. ft. in this quarter, a 62% increase compared to the previous year. Collections saw an 8% increase year-on-year, amounting to ₹1,924 crore. The average sales realization was…

IndustryLatest Stories

Sobha Announces FY26 Net Profit of ₹193.40 Crore

NEW DELHI: Sobha has announced a remarkable net consolidated profit growth of 104.27% for the financial year 2025-26. The profit after tax reached ₹193.40 crore in FY26, compared to ₹94.68 crore in FY25, according to a filing with the BSE. The company’s net consolidated total income for FY26 was ₹5,383.76 crore, representing a 29.33% increase from ₹4,162.75 crore in FY25. In Q4 FY26, net consolidated total income surged by 59.74% to ₹2,029.92 crore, up from ₹1,270.73 crore in the same quarter of the previous year. Profit after tax in this quarter rose by 124.80% to ₹91.83 crore, compared to ₹40.85…