Shoba Limited Q1 profit Rs.46.4 crore

Bengaluru, Aug 7 (IANS) Real estate player Shoba Limited on Friday said it posted a net profit of Rs.46.4 crore for the first quarter of 2015-16, registering a 17 percent dip against Rs.56.3 crore in the same period last year.

In a regulatory filing to the Bombay Stock Exchange (BSE), the Bengaluru-based company said it total income from operations, net sales and interest in Q1 stood at Rs.450 crore, down 20 percent from Rs.569.5 crore in the same quarter last year.

Shoba Limited sold 8,41,399 square feet of real estate valued at Rs.531.8 crore in eight Indian cities in the period under review.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here