Real estate developer Sobha Limited reported a strong first-quarter performance for FY27, with net profit more than tripling to ₹51 crore from ₹16 crore a year earlier.
Revenue from operations rose 14 per cent to ₹1,330 crore, supported by healthy execution across residential projects. The company said steady demand for premium housing and disciplined project delivery helped improve earnings.
Following the results, Sobha shares gained over 2 per cent in early trade as investors welcomed the stronger financial performance. Analysts said the company’s robust sales pipeline and focus on quality projects position it well for sustained growth in the coming quarters.