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Indiabulls Real Estate consolidated net profit rises 63.80% in the December 2020 quarter

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Capital Market

Sales decline 41.43% to Rs 721.68 crore

Net profit of Indiabulls Real Estate rose 63.80% to Rs 80.59 crore in the quarter ended December 2020 as against Rs 49.20 crore during the previous quarter ended December 2019. Sales declined 41.43% to Rs 721.68 crore in the quarter ended December 2020 as against Rs 1232.26 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales721.681232.26 -41 OPM %17.8610.17 -PBDT110.94123.70 -10 PBT107.68116.42 -8 NP80.5949.20 64

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First Published: Jan 19 2021 | 8:48 AM IST

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