Shares of Sobha Limited moved sharply higher in early morning trade on May 5, 2026, rising over 5% after the company reported a strong set of earnings for the March quarter (Q4FY26).

The company’s consolidated revenue surged 60.2% year-on-year to ₹1,988 crore, compared to ₹1,241 crore in the same quarter last year. This sharp increase highlights strong project execution and higher sales realisation during the period.

Operating performance also improved significantly, with EBITDA rising 61.8% to ₹152 crore from ₹94 crore in Q4FY25. Despite the strong growth, EBITDA margin remained largely stable at 7.65% versus 7.58% last year, indicating consistent cost management even amid expansion.

Net profit more than doubled on a year-on-year basis, coming in at ₹91.8 crore compared to ₹40.9 crore in the corresponding quarter last year.

To reward shareholders, the company also announced a dividend of ₹6 per share, further boosting confidence among investors.

TOPICS: Sobha