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Sobha consolidated net profit rises 70.29% in the March 2017 quarter

Capital Market 

Sales rise 5.93% to Rs 583.90 crore

Net profit of Sobha rose 70.29% to Rs 47.00 crore in the quarter ended March 2017 as against Rs 27.60 crore during the previous quarter ended March 2016. Sales rose 5.93% to Rs 583.90 crore in the quarter ended March 2017 as against Rs 551.20 crore during the previous quarter ended March 2016.

For the full year,net profit rose 16.36% to Rs 160.70 crore in the year ended March 2017 as against Rs 138.10 crore during the previous year ended March 2016. Sales rose 14.71% to Rs 2229.00 crore in the year ended March 2017 as against Rs 1943.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales583.90551.20 6 2229.001943.20 15 OPM %20.5921.34 -18.8322.80 - PBDT93.0092.20 1 308.60313.60 -2 PBT75.7073.30 3 244.80253.90 -4 NP47.0027.60 70 160.70138.10 16

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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