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Sobha consolidated net profit declines 70.49% in the December 2020 quarter

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Capital Market

Sales decline 22.51% to Rs 684.40 crore

Net profit of Sobha declined 70.49% to Rs 21.60 crore in the quarter ended December 2020 as against Rs 73.20 crore during the previous quarter ended December 2019. Sales declined 22.51% to Rs 684.40 crore in the quarter ended December 2020 as against Rs 883.20 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales684.40883.20 -23 OPM %26.1032.45 -PBDT52.90134.60 -61 PBT32.30116.40 -72 NP21.6073.20 -70

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First Published: Feb 13 2021 | 11:19 AM IST

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