Sobha Q4 Results: Net profit down 86% YoY to Rs 7 crore

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Sobha Q4 Results: Net profit down 86% YoY to Rs 7 crore

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Realty firm Sobha Ltd on Friday reported 86 per cent decline in consolidated net profit to Rs 7.02 crore for the quarter ended March 2024 on lower income. Its net profit stood at Rs 48.57 crore in the year-ago period.

Total income also fell to Rs 791.25 crore in the fourth quarter from Rs 1,240.14 crore in the corresponding period of the previous year, according to a regulatory filing.

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