Sobha Developers Q3 net profit at Rs.45.7 Crores

Sobha Developers Ltd has announced the following Audited results for the quarter ended December 31, 2006:

The Company has posted a profit after taxation of Rs 457 million for the quarter ended December 31, 2006 where as the same was at Rs 306 million for the quarter ended December 31, 2005. Total Income (net of excise) is Rs 2985 million for the quarter ended December 31, 2006 where as the same was at Rs 1689 million for the quarter ended December 31, 2005.

The Company has commenced new activities of Metal & Glazing Works and Interiors Works w.e.f April 03, 2006 and hence previous year / period figures are not comparable.

Source : Equity Bulls

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