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

09 Aug 2024

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.

ParticularsQuarter Ended
Jun. 2024Jun. 2023% Var.
Sales640.40907.91 -29
OPM %8.737.20 -
PBDT31.4635.56 -12
PBT11.1017.29 -36
NP6.0612.05 -50

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