Shares of Sobha Ltd, a prominent real estate developer in India, surged 9.5% on Monday following the release of strong financial results for the March quarter. The company reported a consolidated net profit of ₹91.83 crore for Q4 FY26, reflecting a remarkable 124% increase from ₹40.85 crore in the same quarter last year. Revenue climbed 60.2% year-on-year to reach ₹1,908 crore, driven by robust demand and effective execution in key markets.

The company's operational performance also improved, with EBITDA rising 62% to ₹152 crore, while maintaining an EBITDA margin of 8%. Sobha Ltd recorded record sales bookings of ₹8,136 crore for FY26, with Bengaluru contributing 55% of total sales at ₹4,478 crore. The company also announced a dividend of ₹6 per equity share for FY26 and plans to re-appoint key management personnel. Despite increased project outflows and marketing expenses, Sobha Ltd maintained healthy cash flows, with net operational cash flow at ₹1,637 crore. For the full financial year, net profit doubled to ₹193.40 crore, with total revenue rising 29.3% to ₹5,384 crore.