Sobha Developers Ltd has announced the following results for the quarter & year ended March 31, 2008:

The Unaudited results for the Quarter ended March 31, 2008 :

The Company has posted a net profit of Rs 702 million for the quarter ended March 31, 2008 as compared to Rs 620 million for the quarter ended March 31, 2007. Total Income has increased from Rs 3589 million for the quarter ended March 31, 2007 to Rs 4765 million for the quarter ended March 31, 2008.

The figures for the quarter ended March 31, 2007 are audited.

The Audited results for the Year ended March 31, 2008 :

The Company has posted a net profit of Rs 2283 million for the year ended March 31, 2008 as compared to Rs 1615 million for the year ended March 31, 2007. Total Income has increased from Rs 11894 million for the year ended March 31, 2007 to Rs 14345 million for the year ended March 31, 2008.