New Delhi: Realty sector company Shobha Ltd. The consolidated net profit for the fourth (January-March) quarter of the previous fiscal year 2019-20 declined by 55 percent to Rs 50.7 crore. This earned the company a net profit of Rs 113.3 crore in the same quarter of the previous financial year.
In a communication sent to the stock exchanges, the company said that its total income declined to Rs 927.6 crore during the quarter from Rs 1,421.6 crore in the same quarter of the previous fiscal. The net profit of the company declined to Rs 28.15 crore for the entire financial year 2019-20, from Rs 29.71 crore in the previous financial year 2018-19. The company’s total income increased to Rs 3,825.7 crore during the financial year, from Rs 3,515.6 crore in the previous financial year.
