Sobha Q4 results: Share price surges over 9% on strong net profit growth
During Q4FY23, Sobha Ltd achieved its highest ever quarterly sales value of ₹1,463 crore, with best average price realization of ₹9,898/sq.ft. and recording highest SBA sales at 1.48 mn sq.ft.
Sobha Ltd share price surged over 9% in early morning deals on Tuesday after the real estate developer reported strong earnings for the quarter ended March 2023. The stock price jumped as much as 9.33% to an intraday high of ₹554.90 apiece on the BSE.
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