Sobha Ltd reports significant profit and revenue growth, plans expansion into new cities.
Sobha Ltd reported a 43.8% increase in profit after tax to ₹21.7 crore in the third quarter, with revenue up 76.1% to ₹1,256.9 crore. The company credits strong operational performance and high real estate demand. Sobha plans to expand into Greater Noida, Hosur, and Mumbai next year, adding to its 12-city presence. Shares closed at ₹1,309.70, down 0.81%.
2 months ago
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