Sobha Developers Sees 125% Q4 Profit Surge Amid Revenue Growth to Rs 2,300 Crore

Sobha Limited Trades Higher After Reporting Strong Q4 Earnings

Shares of Sobha Limited, a Bengaluru-based realty company, traded higher on Tuesday after the company reported a strong set of March quarter earnings and announced a dividend for shareholders.

The stock opened with a gain of over 8 per cent, but pared some of its gains as the day progressed. According to the latest data from the National Stock Exchange (NSE), Sobha shares were trading at Rs 1,473.80, up Rs 33.40 or 2.32 per cent, on Tuesday.

Sobha's financial performance for the quarter ended March 2026 was impressive, with a 125 per cent year-on-year jump in net profit to Rs 91.83 crore, compared with Rs 40.4 crore in the corresponding period last year. Revenue for the quarter rose 59.8 per cent year-on-year to Rs 2,300 crore, driven by continued demand for premium housing across key markets.

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For the full financial year FY26, the developer reported a 30 per cent rise in sales value to Rs 8,135 crore, up from Rs 6,276 crore in FY25. Sales value in Q4 FY26 stood at Rs 2,039 crore.

Collections during the March quarter came in at Rs 1,989 crore, marking an 11 per cent quarter-on-quarter growth and 26 per cent year-on-year increase. Total collections for FY26 stood at Rs 7,798 crore.

The company also reported a significant improvement in its balance sheet, with net debt reducing to negative Rs 800 crore, taking its net debt-to-equity ratio to -0.17.

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Sobha's board has recommended a dividend of Rs 6 per fully paid-up equity share of face value Rs 10 each, along with a pro-rata dividend on partly paid-up equity shares.

Commenting on the performance, Jagadish Nangineni, Managing Director of Sobha Limited, said, "We are pleased to close the fiscal year on a high note, with our Q4 performance reflecting Sobha's improving operating excellence in all metrics and businesses, with our unique backward-integrated execution model. As we transition into FY27, our focus is squarely on sustaining this upward trajectory."