SOBHA Limited reported Q1 FY27 with its highest-ever quarterly real estate sales of INR3,656 crores, a significant 76% YoY increase from 2.34 million sq ft sold.

Total income reached INR1,330 crores with PAT at INR50.7 crores.

The company maintains a net cash position of INR659 crores.

Management projects at least 30% presales growth for FY27, supported by a strong launch pipeline of ~8.2 million sq ft and planned completions of 6-6.5 million sq ft.

Margins are expected to improve significantly in H2 FY27, targeting 17-20% EBITDA by Q4. Strategic land acquisitions are ongoing with further investments planned.