Categories Earnings, Realty

Sobha Ltd Q4FY23 results out, revenue grows by 70%

Sobha Limited, incorporated in 1995, is a real estate developer engaged in construction to operations of townships, housing projects, commercial premises, and other related activities. The company is also engaged in manufacturing activities related to interiors, glazing and metal works, and concrete products.

  • Sobha Ltd reported Total revenue for Q4 FY23 of ₹1,210 Crore, up from ₹710 Crore year on year depicting a growth of 70%.
  • Total Expenses for Q4 FY23 of ₹1,094 Crore up, from ₹633 Crore year on year, a growth of 73%. 
  • Consolidated Net Profit of ₹49 Crore, up 250% from ₹14 Crore in the same quarter of the previous year.
  •  The Earnings per Share is ₹5.12, up 241% from ₹1.5 in the same quarter of the previous year.

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