Sobha has reported results for first quarter ended June 30, 2016.
The company has registered 1.66% rise in its net profit at Rs 36.70 crore for the quarter as compared to Rs 36.10 crore for the same quarter in the previous year. Total income of the company increased by 30.66% at Rs 587.70 crore for quarter under review as compared to Rs 449.80 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company has reported 1.99% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 35.90 crore for the quarter ended June 30, 2016, as compared to Rs 35.20 crore for the same quarter in the previous year. Total Income of the company increased by 24.64% to Rs 578.20 crore for quarter under review from Rs 463.90 crore for the quarter ended June 30, 2015.
