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SOBHA
Sobha Ltd reported record-breaking sales and strong operational performance in the latest quarter, with momentum driven mainly by the Bengaluru and NCR regions, despite a minor sequential dip in revenue.
Q2 and H1 FY26 Sales Performance
Q2 FY26 sales bookings soared 61% year-on-year to ₹1,902.6 crore, with a sales area of 1.39 million square feet and average price realization at ₹13,648 per square foot.
Bengaluru contributed nearly 70% of sales, led by demand at SOBHA Town Park; NCR and Kerala also reported strong numbers at ₹310 crore and ₹185 crore respectively.
H1 FY26 marked the company’s best-ever first-half with ₹3,981 crore total sales value, up 30.4% year-on-year, and 2.84 million sq. ft. of sales area.
Project and Operational Updates
Total of 591 homes delivered and 1.18 million sq. ft. area completed in the September quarter; launched one new luxury villa project extension in North Bangalore.
Festive demand and improved GST environment helped boost sales, along with broader industry momentum for branded developers.#StockInNews#WatchOutFor#FundamentalViews#EquityResearch#PersonalFinance
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