Sobha Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 7,412.38 million compared to INR 6,700.47 million a year ago. Revenue was INR 7,736.4 million compared to INR 6,905.84 million a year ago. Net income was INR 149.46 million compared to INR 191.5 million a year ago. Basic earnings per share from continuing operations was INR 1.58 compared to INR 2.03 a year ago.
For the six months, sales was INR 16,491.51 million compared to INR 12,320.29 million a year ago. Revenue was INR 17,128.84 million compared to INR 12,642.89 million a year ago. Net income was INR 270 million compared to INR 238.54 million a year ago. Basic earnings per share from continuing operations was INR 2.85 compared to INR 2.51 a year ago.