Sobha Limited has announced robust financial results for the quarter and financial year ended March 31, 2026. The company reported a significant increase in annual revenue to ₹53,676.64 million and a profit after tax of ₹3,013.09 million. Reflecting this strong performance, the Board has recommended a final dividend of ₹6 per equity share. Additionally, the company confirmed the schedule for its 31st Annual General Meeting to be held on July 18, 2026.
Financial Highlights for FY2026
Sobha Limited delivered a strong operational performance in FY2026. The company’s annual revenue from operations surged to ₹53,676.64 million compared to ₹40,666.65 million in the previous fiscal year. Net profit for the period also saw healthy growth, reaching ₹3,013.09 million against ₹1,122.32 million in the previous year. This growth is driven by the company’s real estate and contractual divisions.
Dividend and Shareholder Information
In recognition of the company’s fiscal strength, the Board of Directors has recommended a final dividend of ₹6 per fully paid-up equity share of face value ₹10. This dividend is subject to approval by shareholders at the forthcoming 31st Annual General Meeting (AGM). Shareholders should note that Friday, July 10, 2026, has been fixed as the record date for the final dividend payment.
Annual General Meeting Details
The company will conduct its 31st AGM on Saturday, July 18, 2026, at 09:00 A.M. through Video Conferencing and Other Audio Visual Means. Investors are advised that the dividend will be paid within 30 days following the conclusion of the meeting.
Leadership Continuity
The Board has approved the re-appointment of Mr. Jagadish Nangineni as Managing Director and Mr. Raman Mangalorkar as an Independent Director, each for a further term of five years effective from April 1, 2027, pending shareholder approval at the AGM. These leadership decisions underscore the company’s commitment to strategic stability and long-term organizational growth.
Source: BSE
