Indiabulls Real Estate consolidated net profit at Rs 159.75 cr; stock up

MUMBAI: Indiabulls Real Estate reported consolidated net profit of Rs 159.75 crores for the year ended March 31, 2011 as compared to net loss of Rs 16.02 crores in the same period previous fiscal. Total income increased to Rs 1495.60 crores from Rs 299.23 crores.

The stock was at Rs 125.65, up 0.52 per cent on the BSE. It moved between a high of Rs 130 and low of Rs 122.65 in trade so far.