Sobha consolidated net profit declines 41.30% in the March 2016 quarter

Sales rise 9.03% to Rs 550.40 crore

Net profit of Sobha declined 41.30% to Rs 36.10 crore in the quarter ended March 2016 as against Rs 61.50 crore during the previous quarter ended March 2015. Sales rose 9.03% to Rs 550.40 crore in the quarter ended March 2016 as against Rs 504.80 crore during the previous quarter ended March 2015.

For the full year,net profit declined 35.62% to Rs 153.30 crore in the year ended March 2016 as against Rs 238.10 crore during the previous year ended March 2015. Sales declined 23.79% to Rs 1854.10 crore in the year ended March 2016 as against Rs 2432.80 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales550.40504.80 9 1854.102432.80 -24 OPM %26.7628.13 -27.1525.38 - PBDT114.80113.20 1 344.30444.00 -22 PBT95.0095.40 0 280.90371.70 -24 NP36.1061.50 -41 153.30238.10 -36

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