Sobha Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting
25-07-2025 | 06:22 pm
25-07-2025 | 06:22 pm
Sobha Ltd. has announced its board has approved the consolidated financial results for the quarter ending June 30, 2025. Revenue from operations surged to ₹851.93 Cr, up from ₹640.40 Cr last year. Profit for the period more than doubled to ₹13.62 Cr from ₹6.06 Cr, with EPS rising to ₹1.27.
The Board also approved the appointment of M/s. Gudi Srinivasarao & Co. as Cost Auditors for FY25-26. In a strategic move, Sobha will invest a 26% equity stake in Altilium Solar 1 Private Limited, a special purpose vehicle, to secure renewable energy for captive consumption. Shareholders recently approved a ₹3 dividend per share.
#Sobha #FinancialResults #Q1FY26 #RenewableEnergy
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