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VERIFIEDET Stocks·positive
Sobha Ltd Q1 Results: Profit jumps over 3-fold to Rs 51 crore, revenue rises to Rs 1,330 crore
AI Summary
- ·Sobha Ltd reported a threefold increase in net profit for the June quarter, reaching Rs 51 crore.
- ·Total income rose to Rs 1,330 crore, driven by record quarterly sales from new project launches.
- ·Sales bookings saw a seventy-six percent increase, indicating strong housing demand.