Sobha Ltd Shares Surge 9.5% Following Record Q4 Results and Profit Doubling
Sobha share price rallies 9.5% after strong Q4 as profit doubles, sales hit record levels
Mint
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Sobha Ltd's shares jumped 9.5% after reporting a consolidated net profit of ₹91.83 crore for Q4 FY26, a 124% increase from the previous year. Revenue rose 60.2% to ₹1,908 crore, driven by strong demand, particularly in Bengaluru and the NCR region.
- 01Sobha Ltd's Q4 FY26 net profit reached ₹91.83 crore, up 124% year-on-year.
- 02Revenue for the quarter increased 60.2% to ₹1,908 crore.
- 03Record sales bookings of ₹8,136 crore were achieved in FY26.
- 04Bengaluru contributed 55% of total sales, totaling ₹4,478 crore.
- 05The company maintained a stable EBITDA margin of 8% despite rising costs.
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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.
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The strong financial results and profit growth indicate a positive outlook for Sobha Ltd, which may lead to increased investments and job creation in the real estate sector.
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