Sobha achieves record half-year sales in FY26, driven by strong real estate growth
Sobha Limited announced a robust operational update for Q2 and H1 FY2026, achieving a record-breaking H1 sales value of ₹39.81 bn, marking a 30.4% growth over H1 FY2025. This translates to a new sales area of 2.84 mn sft for the first half of the fiscal year. In Q2 FY2026 alone, the company recorded real estate sales value of ₹19.03 bn, a significant 61.4% increase compared to Q2 FY2025, with an average price realization of ₹13,648 per sft.
Bangalore was a key driver, contributing 69.7% of quarterly sales with a value of ₹13,264 mn, boosted by improved sales momentum at SOBHA Town Park. NCR and Kerala regions also showed strong performance, adding ₹3,097 mn and ₹1,848 mn respectively to the quarterly sales value.
During the quarter, Sobha completed 1.18 mn sft of saleable area, delivering 591 homes across various projects. The company also launched an extension of SOBHA Lifestyle, a luxury villa project spanning 2.12 acres in North Bangalore.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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