During the quarter, Sobha sold 2.34 mn sq ft, while the average realisation was at ₹15,655 per sq ft.
Realty major Sobha has posted a growth in its Q1 FY27 net profit, up by 274 per cent to ₹51 crore.Revenue from operations was also up by 48 per cent to ₹1,330 crore, while sales booking stood at ₹3,656 crore.During the quarter, the company sold 2.34 mn sq ft, while the average realisation was at ₹15,655 per sq ft.Commenting on the results, Jagadish Nangineni, Managing Director, SOBHA Limited, said, “Achieving our highest-ever quarterly sales - driven by successful new project launches in Bangalore and Gurgaon - is a significant milestone for SOBHA. With a strong pipeline of projects ahead, we are well-positioned to sustain this momentum."Sobha launched 6.89 mn sqft of saleable area across three projects in two cities during Q1 FY27.The shares of the company was down by 0.63 per cent at ₹1,455.35 on the BSE on Monday.Published on July 20, 2026
