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Sobha Developers reports 28% fall in Q4 consolidated net profit

13 May 2013 Evaluate

Sobha Developers reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a fall of 34.53% in its net profit at Rs 58.2 crore in Q4FY13 as compared to net profit of Rs 88.9 crore in the same quarter previous year. However, total income of the company has increased by 16.87% to Rs 558.9 crore as compared to Rs 478.2 crore in corresponding quarter last year.

On consolidated basis, the company has reported a fall of 28.02% in its net profit at Rs 69.6 crore in Q4FY13 as compared to net profit of Rs 96.7 crore in the same quarter previous year. However, total income of the company has increased by 12.09% to Rs 587.8 crore as compared to Rs 524.4 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 2.04% fall in its net profit at Rs 196.7 crore in FY13 as against Rs 200.8 crore in previous years. However, total income of the company has increased to Rs 1810.7 crore as compared to Rs 1402.8 crore in FY12, up by 29.08%.

On consolidated basis, the group has registered 5.44% rise in its net profit at Rs 217.2 crore in FY13 as against Rs 206.0 crore in previous year. Total income of the company has increased to Rs 1870.0 crore as compared to Rs 1414.4 crore in FY12, up by 32.21%.

Sobha Share Price

1426.05 -23.50 (-1.62%)
08-May-2026 16:59 View Price Chart
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