SOBHA has announced a robust performance in Q2 FY26, achieving real estate sales of ₹19.03 Bn, a 61.4% increase compared to Q2 FY25. This growth contributed to a record first half (H1) with sales reaching ₹39.81 Bn. The company saw significant contributions from Bangalore and NCR, with Kerala also showing strong performance. Bangalore alone accounted for 69.7% of the quarterly sales.
Strong Sales Performance
SOBHA reported a strong quarter with real estate sales reaching ₹19.03 Bn in Q2 FY26, marking a significant growth of 61.4% compared to the same period last year (Q2 FY25). The company’s share of these sales amounted to ₹15.37 Bn (80.8%). This translates to a new sales area of 1.39 Mn sft, with an average price realization of ₹13,648 / sft.
Key Regional Contributions
The company’s performance was bolstered by contributions from key regions:
- Bangalore: Contributed 69.7% of quarterly sales, with a value of ₹13,264 mn, driven by improved momentum at SOBHA Town Park.
- NCR: Added ₹3,097 mn, with major sales from SOBHA Aranya and SOBHA Aurum.
- Kerala: Contributed ₹1,848 mn to quarterly sales, sustained by festive demand.
Record First Half Performance
The strong Q2 performance contributed to a record first half of FY26, with total sales reaching ₹39.81 Bn. This represents the best H1 performance for the company, achieved with a new sales area of 2.84 Mn sft.
Sales Area Breakdown
| Location | Q2-26 | Q2-25 | Q1-26 | H1-26 | H1-25 | FY25 |
|---|---|---|---|---|---|---|
| Bangalore | 982,973 | 413,537 | 463,895 | 1,446,869 | 880,608 | 2,845,951 |
| NCR* | 169,667 | 40,458 | 711,975 | 881,643 | 377,774 | 514,358 |
| Kerala* | 163,979 | 299,204 | 168,871 | 332,850 | 518,910 | 757,864 |
| Tamil Nadu* | 31,357 | 110,300 | 83,117 | 114,474 | 161,225 | 265,555 |
| GIFT City | 23,178 | 31,414 | 10,061 | 33,239 | 106,804 | 138,999 |
| Other Regions* | 22,953 | 34,994 | 6,196 | 29,149 | 59,947 | 157,098 |
| Total | 1,394,106 | 929,907 | 1,444,117 | 2,838,223 | 2,105,268 | 4,679,825 |
*NCR includes Gurgaon and Greater Noida; Kerala includes Kochi, Thrissur, Calicut and Trivandrum; Tamil Nadu includes Chennai and Coimbatore; Other Regions includes Hyderabad and Pune
Key Operational Highlights
- Achieved highest-ever H1-FY26 sales value of ₹39,814 mn, a growth of 30.4% over H1-FY25.
- Completed 1.18 Mn sft of saleable area, delivering 591 homes across projects including SOBHA Manhattan Towers, SOBHA Sentosa and SOBHA Royal Pavilion in Bangalore during the quarter.
- Launched the extension of SOBHA Lifestyle, a boutique luxury villa project spread across 2.12 Acres in North Bangalore.
Source: BSE
