Sobha Limited Q1 FY27 Sales Value Hits Record ₹36,561 Crore, Up 76% YoY
Sobha Limited reported a record Q1 FY27 sales value of ₹36,561 million, up 76% year-on-year. The company's share of sales reached ₹29,921 million. Bangalore led sales with ₹20,670 million. New launches include SOBHA OneWorld and SOBHA Crescent.
The record-breaking sales performance and substantial year-on-year growth indicate a strong positive impact on the company's financial health and market position.
The company reported its highest-ever quarterly sales value and a significant year-on-year growth in sales value, area, and homes sold, driven by successful new project launches.
Sobha Limited has announced its real estate operational update for the quarter ended June 30, 2026. The company achieved its highest-ever quarterly sales value of ₹36,561 million (₹36.56 Bn), with a sales area of 2.34 million square feet, encompassing 1,432 homes and plots. The company's share of this sales value also reached a historic high of ₹29,921 million (₹29.92 Bn).
This strong performance was driven by new project launches including SOBHA OneWorld in Bangalore, Sacred Grove in Bangalore, and SOBHA Crescent in Gurgaon. Compared to the first quarter of FY26, Sobha Limited saw a significant increase in sales value by 76%, sales area by 62%, and the number of homes and plots sold by 78%.
Geographically, Bangalore led the sales with ₹20,670 million (₹20.67 Bn), contributing 56.5% of the total sales. The NCR region followed with ₹13,840 million (₹13.84 Bn), accounting for 37.9% of sales. Kerala contributed ₹1,340 million (₹1.34 Bn or 3.7%), and other cities added ₹710 million (₹0.71 Bn or 1.9%).
During the quarter, Sobha Limited launched 6.89 million square feet of saleable area across three projects in Bangalore and Gurgaon. The company also completed 671 homes, totaling 1.08 million square feet of saleable area across eight projects.
Notable new launches include SOBHA Crescent - Phase 1 in Gurgaon, a luxury residential development with an estimated sales potential of ₹22 Bn. Sacred Grove by the Lake in Bangalore is a 26-acre plotted development. SOBHA OneWorld in East Bangalore is a large luxury residential project with an estimated sales potential exceeding ₹75 Bn, with its initial phase comprising 3,484 homes.
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Sobha Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Sobha Limited. Read the original for the full detail.