US EditionSobha Q1 Results: Profit More Than Doubles
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Sobha Q1 Results: Profit More Than Doubles
Sobha Ltd.'s net profit more than doubled to Rs 13.6 crore in the first quarter of this financial year.The realty company had recorded a net profit of Rs 6.06 crore in the same quarter of the previous fiscal, according to its stock exchange notification on Friday.Revenue increased 33% year-on-year for the three months ended June, reaching Rs 851.9 crore. Operating income, or earnings before interest, taxes, depreciation, and amortisation, fell 5…
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