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Sobha Q2 results: Profit dips 22% on higher land purchase costs
Sobha’s consolidated net profit falls to ₹14.95 crore for three months ended Sept. 30 from ₹19.15 crore a year ago
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Sobha shares shed 3% on shrinking operating margin in Q1
The company reported a surge in Q1 profits by 165 percent to Rs 12.05 crore, driven by other incomes and topline growth, despite a contraction in the operating margin
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