Sobha Ltd’s profits on a consolidated basis are up 29.18 per cent at ₹69.5 crore for the third quarter (Q3) of FY 2018-19 as against ₹53.8 crore recorded in the same period last year.
The company’s income is also higher by 15.31 per cent to ₹807.7 crore as against ₹700.4 crore in the same period last year. EPS for Q3 stood at ₹7.36 compared with ₹5.62 last year.
Company has achieved average price realisation of ₹7,689 per square feet (Sobha share of ₹6,604 per square feet). Total price realisation and Sobha’s share of price realisation QoQ has increased by 7 per cent and 10 per cent respectively.
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