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Sobha’s Q3 FY21 net profit declines 72%, but posts best ever quarterly sales , price realisation

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Sobha’s Q3 FY21 net profit declines 72%, but posts best ever quarterly sales , price realisation

The company’s consolidated revenue fell 23% y-o-y to Rs 696 crore in Q3 FY21, however on a quarter-on-quarter (q-o-q) basis, it rose 27% from Rs 546 crore in Q2 FY21. It reported an Ebitda of Rs 138 crore, up 8% q-o-q, and an Ebitda margin of 20%.