Sobha consolidated net profit declines 49.71% in the June 2024 quarter

Net profit of Sobha declined 49.71% to Rs 6.06 crore in the quarter ended June 2024 as against Rs 12.05 crore during the previous quarter ended June 2023. Sales declined 29.46% to Rs 640.40 crore in the quarter ended June 2024 as against Rs 907.91 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	640.40	907.91	-29
OPM %	8.73	7.20	-
PBDT	31.46	35.56	-12
PBT	11.10	17.29	-36
NP	6.06	12.05	-50