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Sobha's Q2 Sales Soar 16% to ₹2,206 Crore, Despite Sequential Dip
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CNBC TV18•03-10-2026, 16:31
Sobha's Q2 Sales Soar 16% to ₹2,206 Crore, Despite Sequential Dip
- •Sobha announced a 16% year-on-year increase in total sales value, reaching ₹2,206 crore for Q2 FY27.
- •The company's sales value declined 40% sequentially from ₹3,656 crore in the June quarter.
- •Sales area for Q2 stood at 1.42 million square feet, up 2.2% YoY but down 39.3% QoQ.
- •Average price realisation rose 13.7% YoY to ₹15,522 per square foot, with a marginal 0.9% sequential decline.
- •Sobha's share of total sales value increased 22.4% YoY to ₹1,882 crore in Q2 FY27, but fell 37.1% QoQ.
Key Questions Answered
Sobha reported a 16% year-on-year increase in total sales value to ₹2,206 crore for the second quarter of FY27 that ended on September 30, 2026.
The company's sales value declined 40% sequentially from ₹3,656 crore in the June quarter.
The average price realisation during the quarter stood at ₹15,522 per square foot, which is a 13.7% increase compared to the year-ago period.
