Sobha Limited has informed the Exchange about the Press release titled Financial and Operational Performance Q1 FY 2025-26.
SOBHA · price
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Awaiting price reaction for this filing.
Sobha Limited reported its highest-ever quarterly real estate sales value of Rs 2,079 crore in Q1 FY26, up 11% year-on-year, crossing the Rs 2,000 crore milestone for the first time. Revenue grew 35% YoY to Rs 901 crore, while profit after tax surged 123% YoY to Rs 13 crore. Customer collections rose 15% YoY to Rs 1,778 crore, and new area sold increased 23% YoY to 1.44 million sq ft at an average realisation of Rs 14,395 per sq ft. The company remains in a net cash position with net debt of negative Rs 687 crore and a net debt-to-equity ratio of -0.15. Management highlighted strong demand across cities and the successful launch of its first project in Greater Noida.
Strong Q1 with record sales, robust revenue and PAT growth, and a net cash balance sheet signal healthy operational momentum and are likely to be viewed positively by shareholders. The new geographic expansion into Greater Noida and consistent price realisations support the growth outlook.