Sobha Ltd Reports Nearly 29% Decline in Q3 Net Profit Amid Lower Sales

Sobha Ltd reported a consolidated net profit decline of approximately 29% to around Rs 15.4 crore for the quarter ended December 2025, compared to about Rs 21.7 crore in the previous year. The company's sales or total income fell by roughly 22-24%, with figures reported between Rs 943 crore and Rs 983 crore, down from over Rs 1,224 crore to Rs 1,257 crore in the prior year. The decline reflects lower income amid challenging market conditions.