Sobha Ltd Q1 Results: Profit jumps over 3-fold to Rs 51 crore, revenue rises to Rs 1,330 crore

Sobha Ltd experienced remarkable growth in net profit for the June quarter, seeing a threefold increase compared to last year. Significant gains in total income were reported, alongside record-breaking quarterly sales attributed to new project launches. A striking seventy-six percent rise in sales bookings reflects robust housing demand, positioning Sobha Ltd to maintain this upward…

Quote of the day by John Bogle: “Sometimes common sense tells us what statistics cannot”

Legendary investor John C. Bogle stressed common sense in investing. Statistics reveal trends, but not all market dynamics or psychology. His wisdom guides investors through volatile market conditions and speculation. Bogle advocated for diversification, patience, and low costs for wealth creation. This timeless philosophy combines analysis with practical judgment for steady growth.