Sobha standalone net profit declines 47.41% in the March 2016 quarter

Sales rise 8.23% to Rs 521.00 crore

Net profit of Sobha declined 47.41% to Rs 28.40 crore in the quarter ended March 2016 as against Rs 54.00 crore during the previous quarter ended March 2015. Sales rose 8.23% to Rs 521.00 crore in the quarter ended March 2016 as against Rs 481.40 crore during the previous quarter ended March 2015.

For the full year,net profit declined 31.24% to Rs 136.90 crore in the year ended March 2016 as against Rs 199.10 crore during the previous year ended March 2015. Sales declined 24.44% to Rs 1794.30 crore in the year ended March 2016 as against Rs 2374.60 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales521.00481.40 8 1794.302374.60 -24 OPM %25.0324.57 -24.9621.11 - PBDT98.7099.10 0 310.10368.30 -16 PBT80.8082.10 -2 251.50299.40 -16 NP28.4054.00 -47 136.90199.10 -31

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