Profit

Indiabulls Real Estate Posts 2% Rise in Q3 Profit

 Share
EMAIL
PRINT
COMMENTS
Indiabulls Real Estate Posts 2% Rise in Q3 Profit
New Delhi: Indiabulls Real Estate Ltd (IBREL) on Thursday reported a 2 per cent increase in consolidated net profit at Rs 80.44 crore for the December quarter.

It had registered a net profit of Rs 78.75 crore for the corresponding period a year ago, the Mumbai-based firm said in a filing to the BSE.

Income from operations rose to Rs 664.36 crore during the quarter under review as against Rs 652.11 crore in the year-ago period.

However, total income declined to Rs 681.48 crore in the third quarter of the current fiscal year from Rs 728.79 crore in the year-ago period.

The other income fell to Rs 17.11 crore from Rs 76.67 crore a year ago.

Shares in Indiabulls Real Estate, on Thursday, ended 3.63 per cent higher at Rs 51.35 apiece on the BSE, whose benchmark Sensex index finished down 0.41 per cent. 


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top