Sobha Developers disclosed a small rise in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 5.12% to Rs 595.00 million from Rs 566.00 million in the same quarter last year.
Net sales for the quarter rose 24.30% to Rs 6,722.00 million, compared with Rs 5,408 million for the prior year period.
Earnings per share for the quarter stood at Rs 6.07, registering 5.20% growth over previous year period.
| Quarterly Results - consolidated Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 6,722.00 | 5,408.00 | 24.30 |
| Net Profit | 595.00 | 566.00 | 5.12 |
| Basic EPS | 6.07 | 5.77 | 5.20 |
Shares of the company declined Rs 1.15, or 0.24%, to settle at Rs 474.95. The total volume of shares traded was 8,469 at the BSE (Wednesday).
