Archive · 20 Jul 2026
Sobha Ltd Reports 3-Fold Profit Jump
Sobha Ltd, a big real estate company in India, just announced that they made a lot more money in the first three months of this year compared to last year.
Their profit went up more than three times, and they sold a lot more homes and plots.
The company's boss said this is because people really trust their brand and they have some great new projects in cities like Bengaluru and Gurugram.
They sold homes covering a huge area and finished building many more.
This shows that lots of people want to buy homes, and Sobha Ltd is doing a great job meeting that demand.
Sobha Ltd's net profit increased over threefold to ₹50.84 crore in Q1 2026-27, up from ₹13.61 crore in the same period last year.
Total income rose to ₹1,330.17 crore in Q1 2026-27, compared to ₹901.40 crore in Q1 2025-26.
Sales bookings surged 76% to ₹3,656.1 crore in Q1 2026-27, driven by strong housing demand.
The company sold 1,432 homes and plots, covering 2.34 million square feet of area, and completed 671 homes across eight projects.
Sobha Ltd attributes its success to record sales bookings, successful new project launches, and strong customer trust.
- Who
- Sobha Ltd, a leading real estate developer in India
- What
- Reported a threefold increase in net profit and significant revenue growth for Q1 2026-27
- When
- Quarter ended June 2026
- Where
- India, with notable projects in Bengaluru and Gurugram
- Why
- Driven by record sales bookings and strong housing demand
- Company
- Sobha Ltd
- Net Profit (Q1 2026-27)
- ₹50.84 crore
- Net Profit (Q1 2025-26)
- ₹13.61 crore
- Total Income (Q1 2026-27)
- ₹1,330.17 crore
- Total Income (Q1 2025-26)
- ₹901.40 crore
- Sales Bookings (Q1 2026-27)
- ₹3,656.1 crore
- Sales Bookings (Q1 2025-26)
- ₹2,078.8 crore
- Homes and Plots Sold
- 1,432
- Area Covered
- 2.34 million square feet
- Homes Completed
- 671
- Saleable Area Completed
- 1.08 million square feet