# Sobha Q2 profit plunges 54.5% to ₹33 crore even as H1 sales hit record

The Bengaluru-based developer reported a 31.3% decline in Q2 revenue to Rs 967.06 crore, while first-half sales grew 47.2% and collections increased 4.8% year-on-year

https://www.business-standard.com/companies/news/sobha-q2-profit-plunges-54-5-to-33-crore-even-as-h1-sales-hit-record-126101901233_1.html

Image: https://bsmedia.business-standard.com/_media/bs/img/article/2026-07/03/full/1783094278-3418.jpg

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Created: 2026-10-28T00:19:56.127574+00:00

Last edited: 2026-10-28T00:19:56.127574+00:00

Board: 3

Origin: Syndicated

Original source: https://www.business-standard.com/companies/news/sobha-q2-profit-plunges-54-5-to-33-crore-even-as-h1-sales-hit-record-126101901233_1.html