Sobha Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 12,099 million compared to INR 7,103 million a year ago. Revenue was INR 12,401 million compared to INR 7,437 million a year ago. Net income was INR 486 million compared to INR 142 million a year ago. Basic earnings per share from continuing operations was INR 5.13 compared to INR 1.5 a year ago.
For the full year, sales was INR 33,101 million compared to INR 25,613 million a year ago. Revenue was INR 34,024 million compared to INR 26,453 million a year ago. Net income was INR 1,042 million compared to INR 1,732 million a year ago. Basic earnings per share from continuing operations was INR 10.99 compared to INR 18.27 a year ago.