“Despite global uncertainties, including trade policy changes and geopolitical tensions in West Asia, India’s residential real estate sector has remained resilient, supported by strong domestic consumption and stable home-buying environment,” the company said in a filing to exchanges.
The average price realized per sq ft in the quarter was Rs. 15,268, compared to Rs. 11,781 per sq.ft.
Bangalore Rs. 1,037 crore, accounting for 51% of total sales. 610 crore in the NCR region supported by the launch of SOBHA Riva in late March 2026.
For the full financial year, Shobha achieved its highest ever annual sales, recording Rs. 8,136 crore, with an average of Rs. 14,675 per sq ft with a new salable area of 5.54 million sq ft.
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Bangalore Rs. 4,478 crore with sales of Rs 4,478 crore, contributing 55% to the total, due to strong performance across projects.
The NCR region recorded a total sales of Rs. 2,455 crore (30%), while Kerala contributed Rs. 808 crore (10%), supported by new project launches in Marina One, Cochin and new projects in Trivandrum. Other cities have Rs. 396 crore, which accounted for 5% of total sales.
Shares of Sobha on NSE on Thursday traded at Rs. 1,167.90, up from the previous close of Rs. was down 30 or 2.5%.
The stock has fallen 24% in the past six months amid a market-wide slowdown largely due to the Iran-Israel war. It is currently trading at its 50-day and 200-day Simple Moving Average (SMA) of Rs. 1,290 and Rs. is trading below 1,350, according to Trendlyne data.
Also Read: Bank of Baroda Q4 Update: PSU lender reports 14% YoY growth in global business; 12% increase in deposits
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