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Indiabulls Real Estate consolidated net profit declines 75.70% in the December 2019 quarter

Capital Market 

Sales decline 3.05% to Rs 1232.26 crore

Net profit of Indiabulls Real Estate declined 75.70% to Rs 49.20 crore in the quarter ended December 2019 as against Rs 202.46 crore during the previous quarter ended December 2018. Sales declined 3.05% to Rs 1232.26 crore in the quarter ended December 2019 as against Rs 1271.07 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales1232.261271.07 -3 OPM %10.1730.31 -PBDT123.70287.49 -57 PBT116.42283.77 -59 NP49.20202.46 -76

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 11 2020. 08:31 IST
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