Sobha Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 9,079.13 million compared to INR 5,646.02 million a year ago. Revenue was INR 9,392.44 million compared to INR 5,763.07 million a year ago.

Net income was INR 120.54 million compared to INR 45.49 million a year ago. Basic earnings per share from continuing operations was INR 1.27 compared to INR 0.47 a year ago.