Sobha Q2 Sales Soar 61% to ₹1,903 Crore; Records ₹3,981 Crore in H1
Bengaluru-based real estate developer Sobha Ltd reported a 61.4% year-on-year increase in sales to ₹1,903 crore for Q2 FY26. The company achieved its highest-ever sales value of ₹3,981 crore in the first half of FY26, up 30.4% year-on-year.
Real EstateSobha LtdQ2 SalesBengaluruLuxury ProjectsReal Estate NewsOct 04, 2025
The company’s share of sales value stood at ₹1,537 crore, up 56.3% year-on-year but lower by 10.5% quarter-on-quarter. New sales area during the quarter stood at 1.39 million square feet, a 50% increase over Q2 FY25 and a 3.5% decline compared to Q1 FY26. The average price realisation improved by 7.7% year-on-year and 5.2% sequentially to ₹13,648 per square foot.
Bengaluru was the primary contributor to the company's sales, accounting for 69.7% of the quarterly sales value at ₹1,326.4 crore. This was supported by improved momentum at Sobha Town Park. The National Capital Region (NCR) contributed ₹309.7 crore, primarily driven by projects like Sobha Aranya and Sobha Aurum. Kerala added ₹184.8 crore to the sales, fueled by festive demand.
For the first half of FY26, Sobha achieved its highest-ever sales value of ₹3,981.4 crore, representing a 30.4% year-on-year increase, with a total new sales area of 2.84 million square feet. The company also completed 1.18 million square feet of saleable area, delivering 591 homes across various projects, including Sobha Manhattan Towers, Sobha Sentosa, and Sobha Royal Pavilion in Bangalore; Marina One in Kochi; and Sobha Nesara in Pune.
In addition to these achievements, Sobha launched an extension of Sobha Lifestyle, a boutique luxury villa project spread over 2.12 acres in North Bangalore, near the international airport. This strategic move underscores the company's commitment to expanding its luxury portfolio in high-demand locations.
Despite the strong sales performance, shares of Sobha Ltd closed at ₹1,470.45 on Friday (October 3), down by ₹46.05, or 3.04%, on the BSE. This fluctuation in share prices is common in the volatile stock market, but the company's robust sales figures and strategic project launches indicate a positive outlook for the future.
Sobha's consistent performance and strategic project launches highlight its strong market position and ability to capitalize on growth opportunities in key real estate markets. The company's focus on luxury and premium projects in high-demand areas is expected to drive further growth and enhance its market share in the coming quarters.
Frequently Asked Questions
What was Sobha Ltd's total sales value in Q2 FY26?
Sobha Ltd's total sales value in Q2 FY26 was ₹1,902.6 crore, a 61.4% year-on-year increase.
What was the company’s share of sales value in Q2 FY26?
The company’s share of sales value in Q2 FY26 was ₹1,537 crore, up 56.3% year-on-year.
Which region contributed the most to Sobha's sales in Q2 FY26?
Bengaluru contributed the most to Sobha's sales in Q2 FY26, accounting for 69.7% of the quarterly sales value at ₹1,326.4 crore.
What was Sobha Ltd's highest-ever sales value in the first half of FY26?
Sobha Ltd achieved its highest-ever sales value of ₹3,981.4 crore in the first half of FY26, up 30.4% year-on-year.
What new project did Sobha launch in North Bangalore?
Sobha launched an extension of Sobha Lifestyle, a boutique luxury villa project spread over 2.12 acres in North Bangalore, near the international airport.
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