Sobha Developers FY11 Results : Net profit rises 33%

by khalid on 11/05/2011 · 0 comments

Bengaluru based Sobha Developers Limited has posted an increase in net profit for the full financial year FY11 (ending Mar 2011). During the said period, net profit rises 33% to Rs 182 crore in comparison to the Rs 137 crore of full financial year FY10 (ending Mar 2010) of previous year. Shobha Developers Limited operates as a real estate development and construction company in India. It develops and constructs residential and commercial properties, as well as undertakes contractual work for corporate customers.

The company informed the share market(BSE) that the net income/sales increased 31% to Rs 1,448 crore in the full financial year FY11 (ending Mar 2011) when compared with the last years same period of full financial year FY10 (ending Mar 2010) of previous year which was Rs 1,107 crore.

Share’s Data :-
BSE Code : 532784
Mkt. Cap : Rs 2,682.05 Crores
Sobha Developers Ltd. share’s CMP is Rs 272.00 on 11th May 2011.

Stay tuned to BelltheBull Blog for more news on Sobha Developers Limited !

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