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Indiabulls Real Estate reports Rs 87 crore loss in December quarter

Indiabulls Real Estate Ltd (IBREL) reported a consolidated net loss of Rs 87.21 crore for the quarter ended December.

Indiabulls Real Estate | Companies

Press Trust of India  |  New Delhi 


Ltd (IBREL) on Tuesday reported a consolidated net loss of Rs 87.21 crore for the quarter ended December.

Its net profit stood at Rs 80.58 crore in the year-ago period, according to a regulatory filing.

Total income fell to Rs 355.59 crore in the third quarter of this fiscal, from Rs 756.81 crore in the corresponding period of the previous year.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Tue, January 25 2022. 22:33 IST