“Despite global uncertainties, including trade policy shifts and geopolitical tensions in West Asia, India’s residential real estate sector remained resilient, supported by robust domestic consumption and a stable home-buying environment,” the company said in a filing to the exchanges.
Average price realization per square foot in the quarter stood at Rs 15,268, up from Rs 11,781 per square foot in the year-ago period.
Bangalore contributed Rs 1,037 crore, accounting for 51% of overall sales. The NCR region recorded Rs 610 crore, supported by the launch of SOBHA Rivana towards the end of March 2026.
For the full financial year, Sobha achieved its highest-ever annual sales, recording Rs 8,136 crore, with a new sales area of 5.54 million square feet at an average realization of Rs 14,675 per square foot.
Bangalore posted a historic best, with sales of Rs 4,478 crore, contributing 55% to the total, driven by strong performance across all projects.
The NCR region recorded Rs 2,455 crore in total sales (30%), while Kerala contributed Rs 808 crore (10%), supported by new towers in Marina One, Cochin, and a new project launch in Trivandrum. Other cities contributed Rs 396 crore, accounting for 5% of total sales.Sobha shares ended at Rs 1,167.90 on the NSE on Thursday, down Rs 30 or 2.5% from the previous close.
The stock has fallen 24% in the past six months amid a market-wide rout, largely driven by the Iran-Israel war. It is currently trading below its 50-day and 200-day simple moving averages (SMAs) of Rs 1,290 and Rs 1,350, respectively, according to Trendlyne data.
Also read: Bank of Baroda Q4 update: PSU lender reports 14% YoY growth in global business; deposits rise 12%
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