Indiabulls Real Estate standalone net profit declines 27.20% in the June 2016 quarter

Sales rise 15.90% to Rs 5.54 crore

Net profit of Indiabulls Real Estate declined 27.20% to Rs 4.31 crore in the quarter ended June 2016 as against Rs 5.92 crore during the previous quarter ended June 2015. Sales rose 15.90% to Rs 5.54 crore in the quarter ended June 2016 as against Rs 4.78 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales5.544.78 16 OPM %-147.29-58.37 -PBDT6.326.50 -3 PBT5.925.56 6 NP4.315.92 -27

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