Sobha posts sales of ₹2,079 crore in Q1, PAT up at Rs 13 crore

Realty major Sobha Ltd reported a profit after tax (PAT) of ₹13 crore for the quarter ended June 30, marking a sharp 123 per cent year-on-year (YoY) increase.

During the quarter, the company recorded a sales value of ₹2,079 crore, crossing the ₹2,000-crore milestone for the first time. Collections stood at ₹1,778 crore, up 15% YoY.

The company has trimmed its net debt to -₹687 crore, resulting in a Net Debt-to-Equity ratio of -0.15.

Jagadish Nangineni, Managing Director, Sobha Ltd, said, “We achieved our highest-ever quarterly sales, fuelled by robust demand across all our operating cities. The successful launch of our first project in Greater Noida marks a pivotal milestone, reinforcing our brand’s strength. Our unique backward integrated delivery model continues to drive consistent performance, supported by ongoing investments in operational excellence.”

The shares of the company closed at ₹1,618.00, down by 0.71 per cent

Published on July 25, 2025