Sobha Limited — Others, 29-05-2025: Appointment
Sobha Limited has announced a board meeting outcome approving the audited financial results for the quarter and financial year ended March 31, 2025, with clean auditor opinions. Standalone revenue stood at ₹1274.47 Cr and profit at ₹112.23 Cr, while consolidated revenue was ₹1204.06 Cr with a profit of ₹94.69 Cr. A final dividend of ₹3 per share is proposed, subject to shareholder approval. Nagendra D. Rao & Associates LLP has been appointed as Secretarial Auditors for five years, pending approval. The company is managing ongoing legal and tax matters related to a Gurugram project and expects no financial impact. A contractual termination dispute has been resolved without any provision needed. Real estate remains the primary revenue contributor, supported by contractual and manufacturing segments.
