The Board of Directors of SOBHA Limited approved the unaudited financial results for the quarter ended December 31, 2025 (Q3 2026). The board convened on January 16, 2026, to review and approve the results, which include both standalone and consolidated figures. The meeting commenced at 12:45 P.M. (IST) and concluded at 03:40 P.M. (IST). Key details from the financial performance and other updates are detailed below.
Financial Performance Overview
The Board of Directors of SOBHA Limited has approved the unaudited financial results for Q3 2026, encompassing both standalone and consolidated figures. This decision was made during a board meeting held on January 16, 2026.
Standalone Financial Highlights
The standalone unaudited financial results for Q3 2026 show a total income of ₹10,285.72 million. Profit before tax stood at ₹405.76 million, while profit for the period was reported as ₹306.85 million. The earnings per share (EPS) was ₹2.87.
Consolidated Financial Highlights
The consolidated unaudited financial results indicate a total income of ₹9,831.03 million. Profit before tax and share of loss in associate and joint venture amounted to ₹207.78 million, with the profit for the period reaching ₹154.28 million. The consolidated earnings per share (EPS) was ₹1.44.
Key Updates on Land Parcels
Regarding a joint development agreement, the Enforcement Directorate (ED) has filed a complaint with Adjudicating Authority, Prevention of Money Laundering (AA-PML) alleging certain irregularities resulting in provisional attachment. The book value of land parcels impacted is ₹2,016.05 million.
Income Tax Department Search
The Income Tax Department conducted a search operation, and the company has received demand orders for various assessment years. The company has filed appeals and believes, based on legal opinion, that no adjustments are required to the accompanying Statement.
Source: BSE