Earnings before interest, tax, depreciation, and amortisation (EBITDA) increased 62% to ₹152 crore from ₹94 crore a year ago. EBITDA margin remained flat at 8% on a year-on-year basis.
Sobha has recommended a dividend of ₹6 per equity share of ₹10 each fully paid-up for the financial year ended March 31, 2026. The company also approved a pro-rata dividend on partly paid-up equity shares for the same period, subject to approval of members at the forthcoming Annual General Meeting (AGM).
Also Read: Sobha Ltd Q2 results: Net profit more than triples, revenue rises over 50%
The company’s board has approved the re-appointment of Jagadish Nangineni as Whole-time Director designated as Managing Director and Key Managerial Personnel for a further term of five years, effective April 01, 2027, subject to shareholder approval at the ensuing AGM.
It also approved the re-appointment of Raman Mangalorkar as Non-executive Independent Director for a further term of five years, with effect from April 01, 2027, subject to approval of shareholders at the AGM.
Shares of Sobha Ltd ended at ₹1,447.00, up by ₹15.30, or 1.07%, on the BSE.
Also Read: Sobha Q3 FY26 profit declines despite record sales and operational growth
(Edited by : Jomy Jos Pullokaran)
First Published: May 4, 2026 5:51 PM IST
