Bengaluru based real estate developer Sobha Limited reported a strong performance in the March quarter of FY26, with net profit rising 125% year-on-year to ₹91.83 crore, compared to ₹40.4 crore in Q4 FY25.
The company’s revenue from operations grew 59.8% to ₹2,300 crore during the quarter, driven by sustained demand for premium housing and strong execution across key markets.
For the full financial year FY26, Sobha recorded a 30% increase in sales value to ₹8,135 crore, up from ₹6,276 crore in FY25. The company clocked ₹2,039 crore in sales value in Q4 FY26, reflecting steady momentum.
Collections during the quarter stood at ₹1,989 crore, registering an 11% quarter-on-quarter growth and a 26% year-on-year increase. Total collections for FY26 reached ₹7,798 crore, highlighting strong cash flow generation.
On the balance sheet front, Sobha reported a negative net debt of ₹800 crore, resulting in a net debt-to-equity ratio of -0.17, indicating improved financial strength and liquidity.
Managing Director Jagadish Nangineni said the company ended FY26 on a strong note, supported by its backward integrated execution model and operational efficiency. He added that Sobha plans significant project launches across cities, while demand for premium housing continues to remain resilient.
The board has recommended a dividend of ₹6 per equity share for FY26, along with a pro-rata dividend on partly paid-up shares.
Sobha’s performance reflects the broader trend of premium housing demand outperforming in India’s real estate sector, supported by rising incomes and preference for branded developers.
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