VERIFIEDMint Markets·20 Jul 2026positive

Sobha Q1 Results: Revenue rises 50%, profit more than triples as margins improve

AI Summary

·Sobha Ltd. reported a 50% year-on-year revenue increase to ₹1,278.2 crore for the June 2026 quarter.
·Net profit for the quarter more than tripled, reaching ₹50.8 crore.
·Operating margins showed significant improvement despite a 35.7% sequential revenue decline.