What was Sobha Limited's net profit for Q2 FY27?

Sobha Limited reported a net profit of **Rs 32.9 crore** for the second quarter of fiscal year 2027.

How much did Sobha's revenue from operations decline in Q2 FY27?

Revenue from operations for Sobha Limited declined by **31.3%** year-on-year, reaching **Rs 967 crore** in Q2 FY27.

What was the change in Sobha's EBITDA for Q2 FY27?

Sobha Limited's EBITDA fell by **28.1%** year-on-year to **Rs 68.7 crore** in Q2 FY27, although the EBITDA margin saw a slight improvement of 30 basis points.

Where does Sobha Limited operate internationally?

Sobha Limited operates internationally through its Sobha Realty business, which has a presence in the **United Arab Emirates** and other **Gulf markets**.

All news

Market Data·19 October 2026

Sobha Limited Reports 55% Profit Decline in Q2 FY27 Amidst Revenue Drop

Luxury real estate developer Sobha Limited announced a significant 54.6% year-on-year drop in net profit to Rs 32.9 crore for Q2 FY27, with revenue from operations declining 31.3% to Rs 967 crore.

Sobha Limited, a prominent luxury real estate developer with a significant presence in the UAE and major Indian markets, reported a substantial decrease in its financial performance for the second quarter of the fiscal year 2027 (Q2 FY27).

Key Financial Highlights

During the quarter ended September, the company's net profit plummeted by 54.6% year-on-year, settling at Rs 32.9 crore, compared to Rs 72.5 crore in the corresponding period of the previous fiscal year (Q2 FY26). Revenue from operations also saw a notable decline of 31.3%, falling to Rs 967 crore from Rs 1,408 crore a year ago.

Operating performance also weakened, with Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) decreasing by 28.1% year-on-year to Rs 68.7 crore, down from Rs 95.6 crore. Despite the decline in absolute EBITDA, the EBITDA margin improved marginally by 30 basis points to 7.1% from 6.8% in the prior-year period.

Company Overview

Founded in 1995 by P.N.C. Menon, Sobha is known for its luxury residential and commercial developments and its backward-integrated business model, which allows it to manage most aspects of construction and development in-house. While headquartered in Dubai with a major corporate office in Bengaluru, the company has a strong footprint across Indian property markets including Bengaluru, Delhi-NCR, Chennai, Pune, Hyderabad, Kochi, and GIFT City, and operates internationally through its Sobha Realty business in the UAE and other Gulf markets.

Frequently asked

Questions, answered

What was Sobha Limited's net profit for Q2 FY27?: Sobha Limited reported a net profit of **Rs 32.9 crore** for the second quarter of fiscal year 2027.
How much did Sobha's revenue from operations decline in Q2 FY27?: Revenue from operations for Sobha Limited declined by **31.3%** year-on-year, reaching **Rs 967 crore** in Q2 FY27.
What was the change in Sobha's EBITDA for Q2 FY27?: Sobha Limited's EBITDA fell by **28.1%** year-on-year to **Rs 68.7 crore** in Q2 FY27, although the EBITDA margin saw a slight improvement of 30 basis points.
Where does Sobha Limited operate internationally?: Sobha Limited operates internationally through its Sobha Realty business, which has a presence in the **United Arab Emirates** and other **Gulf markets**.

Reported by

Google News — Developer Launches (7d)

View original coverage

This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

Echoes, in your inbox

One thoughtful email a month. Market insight, new launches, no spam.