Indiabulls Q3 net profit dips 45%
Indiabulls Real Estate today reported 45.46 per cent decline in consolidated net profit for the quarter ended December 31, at Rs 41.78 crore.
By PTI | Updated:
MUMBAI: Indiabulls Real Estate today reported 45.46 per cent decline in consolidated net profit for the quarter ended December 31, at Rs 41.78 crore.
The company had posted a consolidated net profit of Rs 76.61 crore in the corresponding period last financial year, Indiabulls Real Estate said in a filing to the BSE.
The net sales of the company also fell during the quarter by 10.81 per cent to Rs 356.47 crore from Rs 399.66 crore in the year-ago period, it added.
The shares of the company today closed 1.97 per cent up at Rs 64.65 apiece on the BSE.
The company had posted a consolidated net profit of Rs 76.61 crore in the corresponding period last financial year, Indiabulls Real Estate said in a filing to the BSE.
The net sales of the company also fell during the quarter by 10.81 per cent to Rs 356.47 crore from Rs 399.66 crore in the year-ago period, it added.
The shares of the company today closed 1.97 per cent up at Rs 64.65 apiece on the BSE.
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