Realty company Sobha announced Q2FY26 results Q2FY26 Financial Highlights: PAT stood at Rs 0.73 billion, marking a 178% YoY increase, 433% QoQ increase. Revenue was Rs 14.69 billion, registering a 52% YoY growth, 63% QoQ increase. Historic Cashflow: Collections contributed Rs 20.46 billion, registering a 49% YoY increase, 15% QoQ increase. Net debt continuously reduced and currently stands at -7.51 billion resulting in Net Debt-to-Equity ratio of -0.16. Operational Highlights: Achieved highest-ever H1FY26 sales value of Rs 39,814 million, a growth of 30% over H1FY25. Quarterly sales value reached Rs 19.03 billion, up 61% YoY. New area sold stood at 1.39 million sq. ft., marking a 50% YoY increase. Average price realization stood was Rs 13,648 per sq. ft. Jagadish Nangineni, Managing Director, SOBHA, said: “We delivered a strong and stable performance in Q2 FY26, building on the momentum created in the previous quarter in terms of real estate sales, with highly integrated sales and marketing efforts. It also reflects the steady demand for luxury residential real estate in a growth economy, with improving macroeconomic parameters & timely government interventions. Our project delivery teams have also increased the pace of project completions with world-class quality across cities, with completions of 2.25 million sft (1185 homes) in the first half of the year. Improved profitability would reflect as we increase the volume of deliveries in higher margin projects. With a clear pipeline of 16.69 million sft of future launches in the next six quarters, strong balance sheet and a stable demand environment, we are well positioned for growth and to capitalize on potential opportunities. Our unique backward integrated model would drive quality, reliability and scale for the company.” Result PDF