Sobha Ltd Reports Robust Q4 Growth with Doubled Profits and Increased Dividends

Sobha Ltd Reports Robust Q4 Growth with Doubled Profits and Increased Dividends

Bengaluru-based real estate developer Sobha Ltd announced a significant financial turnaround for the fourth quarter ending March 31, reporting a net profit of ₹92 crore, a figure that effectively doubled compared to the same period in the previous fiscal year. Driven by a 60% surge in revenue, the company’s performance highlights a broader recovery trend…

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