Sobha Developers Q3 net up 33 pc to Rs 45.7 cr

Mumbai, Jan 20: Sobha Developers has posted a profit after taxation of Rs 45.7 crore for the quarter ended December 31, 2006 as compared to Rs 30.6 crore for the quarter ended December 31, 2005, a rise of 33.04 per cent.

Announcing the results, the company said its total income (net of excise) is Rs 298.5 crore for the quarter ended December 31, 2006 where as the same was at Rs 168.9 crore for the quarter ended December 31, 2005.

The Company has commenced new activities of Metal&Glazing Works and Interiors Works with effect from April 03, 2006 and hence previous year / period figures are not comparable.

UNI