Sobha's Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Sobha Ltd reported a 33.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 21.8%.
- Its expenses for the quarter were down by 29.8% QoQ and 21.6% YoY.
- The net profit decreased 78.7% QoQ and decreased 28.8% YoY.
- The earnings per share (EPS) of Sobha Ltd stood at 1.44 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 983.10 | 1469.33 | 1256.88 | -33.1% | -21.8% |
Total Expenses | 962.32 | 1370.41 | 1227.41 | -29.8% | -21.6% |
Profit Before Tax | 20.78 | 98.92 | 29.46 | -79.0% | -29.5% |
Tax | 5.11 | 26.40 | 7.78 | -80.6% | -34.3% |
Profit After Tax | 15.43 | 72.53 | 21.68 | -78.7% | -28.8% |
Earnings Per Share | 1.44 | 6.78 | 2.10 | -78.8% | -31.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sobha Ltd is a well-established entity in the real estate sector known for its luxurious residential and commercial projects. The company primarily operates in India, offering a range of services that include construction, project management, and related activities. Sobha Ltd has built a reputation for delivering high-quality real estate projects, emphasizing architectural excellence and timely delivery. The company's portfolio includes residential apartments, villas, row houses, and plotted developments, as well as commercial spaces like shopping complexes and office buildings. In recent years, Sobha Ltd has expanded its operations to include international markets, further solidifying its position as a key player in the real estate industry. Information about recent major developments is not available in the provided data.
Revenue
During the third quarter of the fiscal year 2026 (Q3FY26), Sobha Ltd reported a total income of ₹983.10 crores. This represents a significant decline compared to the previous quarter (Q2FY26), where total income was ₹1469.33 crores, marking a quarter-over-quarter (QoQ) decrease of 33.1%. When compared to the same quarter in the previous year (Q3FY25), the total income also decreased by 21.8% from ₹1256.88 crores. These changes reflect a downward trend in the company's revenue generation over both the quarterly and yearly periods. The data suggests that Sobha Ltd experienced challenges in maintaining its revenue levels compared to past performances.
Profitability
In terms of profitability, Sobha Ltd recorded a profit before tax of ₹20.78 crores in Q3FY26. This is a substantial decrease from the previous quarter's figure of ₹98.92 crores, representing a QoQ decline of 79.0%. Similarly, when compared to Q3FY25, where the profit before tax was ₹29.46 crores, there is a year-over-year (YoY) decrease of 29.5%. The profit after tax for Q3FY26 stood at ₹15.43 crores, down from ₹72.53 crores in Q2FY26, reflecting a QoQ decline of 78.7%. Compared to the same quarter last year, the profit after tax decreased by 28.8% from ₹21.68 crores. These figures highlight a notable reduction in profitability during the reported period.
Operating Metrics
Sobha Ltd's total expenses for Q3FY26 amounted to ₹962.32 crores, which is a decrease from Q2FY26's total expenses of ₹1370.41 crores, showing a QoQ drop of 29.8%. Year-over-year, total expenses also decreased by 21.6% compared to Q3FY25's expenses of ₹1227.41 crores. The tax expense for Q3FY26 was ₹5.11 crores, which is significantly lower than the ₹26.40 crores reported in Q2FY26, marking an 80.6% QoQ decrease. Compared to Q3FY25's tax expense of ₹7.78 crores, there is a YoY decline of 34.3%. Earnings per share (EPS) for Q3FY26 was reported at ₹1.44, down from ₹6.78 in Q2FY26 and ₹2.10 in Q3FY25, showing QoQ and YoY declines of 78.8% and 31.4%, respectively. These metrics indicate a reduction in operating expenses and profitability per share during the reported quarter.