Sobha sets decent base for FY27 with record Q1 bookings

Sobha's Q1FY27 bookings hit a record ₹3,656 crore, up over 70% sequentially and year-on-year, driven by strong response to its Hoskote luxury launch. The company is targeting 30% sales growth for the full year, even as rising supply and AI-linked job uncertainty pose watch-points ahead.