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Sobha standalone net profit rises 74.12% in the March 2017 quarter

Capital Market 

Sales rise 0.44% to Rs 542.30 crore

Net profit of Sobha rose 74.12% to Rs 39.70 crore in the quarter ended March 2017 as against Rs 22.80 crore during the previous quarter ended March 2016. Sales rose 0.44% to Rs 542.30 crore in the quarter ended March 2017 as against Rs 539.90 crore during the previous quarter ended March 2016.

For the full year,net profit rose 12.34% to Rs 140.20 crore in the year ended March 2017 as against Rs 124.80 crore during the previous year ended March 2016. Sales rose 14.04% to Rs 2174.90 crore in the year ended March 2017 as against Rs 1907.20 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales542.30539.90 0 2174.901907.20 14 OPM %19.9221.67 -18.2821.56 - PBDT79.3089.60 -11 284.90289.70 -2 PBT62.9071.70 -12 224.90231.10 -3 NP39.7022.80 74 140.20124.80 12

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

First Published: Wed, May 17 2017. 15:14 IST
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