Sobha Q4 net profit surges 42% to Rs 65 crore
Realty firm Sobha Ltd has reported a 42.17 per cent increase in its consolidated net profit to Rs 65.4 crore in the fourth quarter of 2017-18, on higher sales. Its net profit stood at Rs 46 crore in the same quarter last year, the company said in a regulatory filing. Total revenue rose over 32 per cent to Rs 789.2 crore during January-March quarter of 2017-18 compared to Rs 601.3 crore in the year-ago period.
Tags : News/Views