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Indiabulls Real Estate consolidated net profit declines 54.01% in the September 2014 quarter

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Capital Market

Sales rise 63.11% to Rs 731.79 crore

Net profit of Indiabulls Real Estate declined 54.01% to Rs 37.34 crore in the quarter ended September 2014 as against Rs 81.20 crore during the previous quarter ended September 2013. Sales rose 63.11% to Rs 731.79 crore in the quarter ended September 2014 as against Rs 448.64 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales731.79448.64 63 OPM %25.3037.60 -PBDT83.45136.21 -39 PBT77.36131.56 -41 NP37.3481.20 -54

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First Published: Nov 15 2014 | 8:12 AM IST

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