Sobha Developers net profit declines 17.01% in the March 2014 quarter

Sales rise 2.14% to Rs 564.00 crore

Net profit of Sobha Developers declined 17.01% to Rs 48.30 crore in the quarter ended March 2014 as against Rs 58.20 crore during the previous quarter ended March 2013. Sales rose 2.14% to Rs 564.00 crore in the quarter ended March 2014 as against Rs 552.20 crore during the previous quarter ended March 2013.

For the full year,net profit rose 4.98% to Rs 206.50 crore in the year ended March 2014 as against Rs 196.70 crore during the previous year ended March 2013. Sales rose 17.08% to Rs 2090.50 crore in the year ended March 2014 as against Rs 1785.60 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales564.00552.20 2 2090.501785.60 17 OPM %21.2824.27 -23.9326.83 - PBDT90.00101.70 -12 379.20343.90 10 PBT72.8086.50 -16 313.60287.90 9 NP48.3058.20 -17 206.50196.70 5

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