Sobha reported results for second quarter ended September 30, 2022.
The company has reported fall of 76.57% in its net profit at Rs 13.80 crore for Q2FY23 as compared to Rs 58.90 crore for the corresponding quarter previous year. Total income of the company decreased by 13.95% to Rs 669.40 crore for the quarter under review as compared to Rs 777.90 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 69.57% in its net profit at Rs 19.20 crore for the quarter under review as compared to Rs 63.10 crore for the same quarter in the previous year. Total income of the company decreased by 11.51% to Rs 690.60 crore for the quarter under review as compared to Rs 780.40 crore for the same quarter in the previous year.
