Sobha Ltd Oct-Dec total sales jump 52% YoY to INR 21 bln
This story was originally published at 13:27 IST on 5 January 2026
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AHMEDABAD – Sobha Ltd. sold 1.37 million square feet of area during the December quarter for a total sales value of INR 21.15 billion. The total sales value of the area sold jumped 52.3% on year and the area sold during the quarter was nearly 35% higher than what the company had sold in the year-ago quarter, Sobha Ltd. said in a filing to exchanges Saturday.
The company sold the area at an average price realisation of INR 15,436 per square feet in the December quarter. Sobha Ltd.'s share in total sales value was 86%, or INR 18.18 billion, it said. The company's share has contracted from 90% in the year-ago quarter.
Bengaluru led with a sales value of INR 15.12 billion, accounting for nearly 83% of the total sales value for the quarter under review. This was mainly supported by "successful" launch of SOBHA Magnus. Delhi-National Capital Region contributed INR 3.49 billion, with launch of SOBHA Strada in Gurugram. Kerala region added INR 1.54 billion to quarterly sales value, a rise of little over 18%.
For the nine months ended December, Sobha Ltd. sold 4.21 million sq ft area. The total sales value grew over 37% to INR 60.97 billion. Sobha Ltd.'s share in the total sales value for the period was INR 50.72 billion.
The company's consolidated net profit for the September quarter was INR 725.27 million on revenue of INR 14.08 billion. At 1245 IST, shares of the company traded at INR 1,555.10 on the National Stock Exchange, up over 4%. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Sunil Raghu
Edited by Akul Nishant Akhoury
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