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Sobha Q2 Net Profit Falls 55% to ₹32.95 Crore

Sobha reported consolidated net profit of ₹32.95 crore for the quarter ended September, down from ₹72.52 crore a year earlier. Total income fell to ₹1,017.21 crore.

SOBHA

Realty firm Sobha Ltd on Monday reported a 55 per cent decline in its consolidated net profit to ₹32.95 crore for the quarter ended September, impacted by lower income.Its net profit stood at ₹72.52 crore in the year-ago period.Total income fell to ₹1,017.21 crore in the second quarter of the curre…