Sobha Limited Records Highest Quarterly Sales Value of ₹36.56 Bn in Q1 FY2027
Sobha Limited reported a significant increase in its real estate operations for the quarter ending June 30, 2026. The company achieved an all-time high quarterly sales value of ₹36.56 billion, driven by robust demand across key markets and strong responses to several new project launches.The operational update shows substantial growth compared to Q1 FY2026, with the sales value increasing by 76%, sales area growing by 62%, and the number of homes and plots rising by 78%. Sobha’s share of the sales value recorded a historic high at ₹29.92 billion.
Sales Performance Snapshot
The company’s performance metrics for Q1 FY2027 were as follows:| Metric | Q1 FY27 | Q1 FY26 | Q4 FY26 | Financial Year 2026 |
|---|---|---|---|---|
| Sales Value Total (₹ mn) | 36,561 | 20,788 | 20,393 | 81,359 |
| Sales Area (sft) | 2,335,486 | 1,444,117 | 1,335,691 | 5,544,254 |
| Average Price (₹ / sft) | 15,655 | 14,395 | 15,268 | 14,675 |
| Sales Value Sobha Share (₹ mn) | 29,921 | 17,172 | 16,341 | 67,062 |
| SOBHA Share (%) | 81.8% | 82.6% | 80.1% | 82.4% |
Regional Contributions and Milestones
The strong quarterly performance was supported by diverse regional successes. Bangalore recorded its strongest ever quarterly sales, contributing ₹20.67 billion, which accounted for 56.5% of the total sales. The NCR region contributed ₹13.84 billion, making up 37.9%. Other regions included Kerala, which added ₹1.34 billion (3.7%), and other cities, which contributed ₹0.71 billion (1.9%).In terms of project execution, Sobha completed 671 homes across eight projects, encompassing a total saleable area of 1.08 million sft. Furthermore, the company launched 6.89 million sft of saleable area across three projects in Bangalore and Gurgaon.
High-Potential New Project Launches
The growth was significantly attributed to successful new project introductions, including SOBHA OneWorld, Sacred Grove in Bangalore, and SOBHA Crescent in Gurgaon. Details on these key launches include:- SOBHA Crescent Phase 1: Located at Sector 63A, Gurgaon, this 11.99-acre luxury residential development comprises 336 homes across 0.87 million sft with an estimated sales potential of ₹22 billion.
- Sacred Grove by the Lake: This 26-acre premium plotted development in Chikka Tirupathi, Bangalore, consists of 388 plots covering a total area of 0.63 million sft.
- SOBHA OneWorld: A 47.4-acre luxury residential project located in East Bangalore, it comprises 3,484 homes across 5.39 million sft and holds an estimated sales potential exceeding ₹75 billion. The initial phase of this project includes 2,249 homes over 3.43 million sft.
SOBHA Stock Price Movement
Sobha Limited shares edged higher on Friday, closing at ₹1442.9 after posting a 0.72% gain. The stock traded within a range of ₹1430.1 and ₹1461 that day, with 248,930 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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