Sobha consolidated net profit declines 64.69% in the March 2021 quarter

Sales decline 39.19% to Rs 553.40 crore

Net profit of Sobha declined 64.69% to Rs 17.90 crore in the quarter ended March 2021 as against Rs 50.70 crore during the previous quarter ended March 2020. Sales declined 39.19% to Rs 553.40 crore in the quarter ended March 2021 as against Rs 910.10 crore during the previous quarter ended March 2020.

For the full year,net profit declined 77.87% to Rs 62.30 crore in the year ended March 2021 as against Rs 281.50 crore during the previous year ended March 2020. Sales declined 43.80% to Rs 2109.80 crore in the year ended March 2021 as against Rs 3753.90 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales553.40910.10 -39 2109.803753.90 -44 OPM %27.0527.96 -32.0529.71 - PBDT35.00100.20 -65 154.60505.30 -69 PBT14.6081.40 -82 75.20433.00 -83 NP17.9050.70 -65 62.30281.50 -78

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