Indiabulls Real Estate net profit declines 42.85% in the June 2013 quarter

Sales decline 88.64% to Rs 20.41 crore

Net profit of Indiabulls Real Estate declined 42.85% to Rs 51.09 crore in the quarter ended June 2013 as against Rs 89.39 crore during the previous quarter ended June 2012. Sales declined 88.64% to Rs 20.41 crore in the quarter ended June 2013 as against Rs 179.67 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales20.41179.67 -89 OPM %32.6863.88 -49 PBDT59.53115.76 -49 PBT58.72114.94 -49 NP51.0989.39 -43

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