Sobha has reported results for the fourth quarter and year ended March 31, 2019.
The company has reported a rise of 91.99% in its net profit at Rs 115.00 crore for the quarter ended March 31, 2019 as compared to Rs 59.90 crore for the same quarter in the previous year. Total income of the company increased by 94.49% at Rs 1436.90 crore for quarter under review as compared to Rs 738.80 crore for the quarter ended March 31, 2018.
On consolidated basis, the company has reported rise of 73.24% in its net profit at Rs 113.30 crore for the quarter ended March 31, 2019 as compared to Rs 65.40 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 80.13% at Rs 1421.60 crore for quarter under review as compared to Rs 789.20 crore for the same quarter ended previous year.
For the year ended March 31, 2019, the company has posted a rise of 47.81% in its net profit at Rs 286.60 crore as compared to Rs 193.90 crore for the previous year. Total income of company increased 29.60% at Rs 3433.80 crore for year under review as compared to Rs 2649.60 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 37.04% in its net profit at Rs 297.10 crore as compared to Rs 216.80 crore for the previous year. Total income of company increased by 23.94% at Rs 3515.60 crore for year under review as compared to Rs 2836.50 crore for year ended March 31, 2018.
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