Realty company Sobha announced Q1FY26 results Financial Highlights: PAT stood at Rs 0.13 billion, marking a 123% YoY increase. Revenue was Rs 9.01 billion, registering a 35% YoY growth. Collections contributed Rs 17.78 billion, registering a 15% YoY increase. Net debt reduced, and currently stands at -6.87 billion resulting in Net Debt-to-Equity ratio of -0.15. Business Highlights: Milestone quarterly sales value reached Rs 20.79 billion, up 11% YoY. New area sold stood at 1.44 million sq. ft., marking a 23% YoY increase. Average price realization stood was Rs 14,395 per sq. ft. Launched salable area stood at 1.62 million sq. ft Jagadish Nangineni, Managing Director, SOBHA said, “We achieved our highest-ever quarterly sales, fueled by robust demand across cities of our real estate operations. The successful launch of our first project in Greater Noida marks a pivotal milestone, reinforcing our brand's strength. Our unique backward integrated delivery model continues to drive consistent performance, supported by ongoing investments in operational excellence. With a strong balance sheet and a stable demand environment, we are well-positioned for sustained growth. We remain committed to delivering exceptional value to our customers through uncompromising quality, reliability, and transparency while investing in new opportunities, our people, technology and processes." Result PDF