Indiabulls Real Estate standalone net profit rises 159.03% in the December 2015 quarter

Sales decline 41.16% to Rs 4.36 crore

Net profit of Indiabulls Real Estate rose 159.03% to Rs 8.03 crore in the quarter ended December 2015 as against Rs 3.10 crore during the previous quarter ended December 2014. Sales declined 41.16% to Rs 4.36 crore in the quarter ended December 2015 as against Rs 7.41 crore during the previous quarter ended December 2014. ParticularsQuarter EndedDec. 2015Dec. 2014% Var.Sales4.367.41 -41 OPM %-108.03-22.94 -PBDT8.135.68 43 PBT7.494.56 64 NP8.033.10 159

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