Sobha Developers reported Rs94 crore as their consolidated profit
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Sobha Developers has recorded R94 crore as its net consolidated profit for the quarter ended March 31, 2012.
This profit is more than double than the profit made in the year 2011.
Sobha developers has earned 64 percent of its revenue from the real estate projects across India. They have also earned Rs 130 crore revenue from the construction contracts.
The price of properties has also recorded higher in the last performance report. The average selling cost of properties are Rs 5380 per sq ft, which is 20 percent higher than the cost of the properties last year.
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Source: Financialexpress
Tags:
cost of properties in India, projects in India, Properties in India, real estate projects across India, Sobha Developers
