Steady operations; 8msf launch planned in FY19 Sobha 4Q profit was +42% YoY, on higher revenue recognition during the quarter. Revenue recognition increased by 35% YoY while contractual revenues improved by 24%. Sobha reported fresh sales at INR6.6bn, +7/30% QoQ/YoY respectively, as sales witnessed improvement across Sobha reported fresh sales at INR6.6bn, +7/30% QoQ/YoY respectively, as sales witnessed improvement across regions. Bangalore reported improvement in sequential volume primarily contributed by Dream Acres and launches in last 2 quarters. The company launched 2 (0.63msf) projects during the quarter in Bangalore and Chennai. Net...