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HomeNewsTop NewsSobha posts net profit of ₹72.52 crore in Q2 FY26

Sobha posts net profit of ₹72.52 crore in Q2 FY26

Sobha has announced a net consolidated profit after tax of ₹72.52 crore for the quarter ending September 30, 2025. In the same quarter of the previous fiscal year, it reported a profit after tax of ₹26.08 crore, as stated in a filing with the BSE.

The company’s net consolidated total income reached ₹1,469.32 crore, reflecting a growth of 52.22 percent compared to ₹965.29 crore recorded in the corresponding quarter last year. “With a clear pipeline of 16.69 million sq ft of future launches planned over the next six quarters, a robust balance sheet, and a stable demand environment, we are well positioned for growth and to seize potential opportunities,” remarked Jagadish Nangineni, the managing director of the company.

During the quarter ending September 30, 2025, the holding company declared a final dividend of ₹3 per equity share, totaling ₹320.86 million for the fiscal year ending March 31, 2025. Collections in Q2 FY26 amounted to ₹20.46 billion, marking a 49% increase year-on-year.

The current net debt is -7.51 billion, resulting in a net debt-to-equity ratio of -0.16. The quarterly sales value reached ₹19.03 billion, representing a 61% year-on-year increase, while the new area sold was 1.39 million sq ft, indicating a 50% year-on-year growth, and the average price realization was ₹13,648 per sq ft.

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