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« Property Market in Developing Economies Outperform Europe, UK and US | Home | Chennai-based Oriental Hotels Ltd Plans Expansion »

Sobha Developers Reports Whopping 170 per cent Hike in Q1 Net Profit

Real estate firm Sobha Developers has reported a whopping 170 per cent jump in net profit for the first quarter of the current fiscal at Rs 34.3 crore, on the back of a 78 per cent increase in total income.

The Bangalore-based firm had reported Rs 12.7 crore net profit during the quarter ended June, 2009, it said in a release. Total operating income of the realty firm increased to Rs 318 crore during the reporting quarter compared to Rs 178.6 crore in the corresponding quarter last fiscal.

News Published Under:   Bangalore, Chennai, Delhi, Faridabad, Gurgaon, Real Estate Developers, Real Estate India | No Comments »

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