Sobha Q1 Results: Revenue rises 50%, profit more than triples as margins improve

Sobha Ltd reported strong Q1 FY27 results with consolidated revenue rising 50% year-on-year to around Rs 1,278 crore and net profit more than tripling to Rs 50.8 crore, supported by a 330 basis point expansion in EBITDA margins to 10.1%. The real estate segment drove growth with revenue rising to Rs 1,109.8 crore, while the contractual and manufacturing business contributed Rs 232.9 crore. The board also approved raising up to Rs 1,000 crore through non-convertible debentures on a private placement basis.