New Delhi, July 20 -- Real estate developer Sobha Ltd. reported a strong set of earnings for the quarter ended June 2026 today, post-market hours, led by robust execution in its real estate business.

Consolidated revenue from operations surged 50% year-on-year to Rs.1,278.2 crore from Rs.851.9 crore in the corresponding quarter last year. However, revenue declined 35.7% sequentially from Rs.1,987.8 crore recorded in the March quarter, reflecting the seasonality typically seen in the business.

The company's profitability improved sharply during the quarter. Net profit more than tripled to Rs.50.8 crore, registering a 273% year-over-year growth from Rs.13.6 crore in Q1 FY26. On a sequential basis, however, profit declined 44.6% from Rs.91...