Indiabulls Ventures consolidated net profit rises 12.86% in the March 2018 quarter

Sales rise 131.74% to Rs 272.73 crore

Net profit of Indiabulls Ventures rose 12.86% to Rs 61.01 crore in the quarter ended March 2018 as against Rs 54.06 crore during the previous quarter ended March 2017. Sales rose 131.74% to Rs 272.73 crore in the quarter ended March 2018 as against Rs 117.69 crore during the previous quarter ended March 2017.

For the full year,net profit rose 131.54% to Rs 236.75 crore in the year ended March 2018 as against Rs 102.25 crore during the previous year ended March 2017. Sales rose 103.41% to Rs 832.65 crore in the year ended March 2018 as against Rs 409.34 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales272.73117.69 132 832.65409.34 103 OPM %6.0634.16 -40.6150.96 - PBDT87.4495.51 -8 331.63169.76 95 PBT82.3590.17 -9 319.59145.93 119 NP61.0154.06 13 236.75102.25 132

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