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Indiabulls Real Estate standalone net profit rises 484.91% in the December 2014 quarter

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Capital Market

Sales decline 61.53% to Rs 7.41 crore

Net profit of Indiabulls Real Estate rose 484.91% to Rs 3.10 crore in the quarter ended December 2014 as against Rs 0.53 crore during the previous quarter ended December 2013. Sales declined 61.53% to Rs 7.41 crore in the quarter ended December 2014 as against Rs 19.26 crore during the previous quarter ended December 2013. ParticularsQuarter EndedDec. 2014Dec. 2013% Var.Sales7.4119.26 -62 OPM %-22.9433.70 -PBDT5.682.26 151 PBT4.561.46 212 NP3.100.53 485

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First Published: Feb 12 2015 | 2:06 PM IST

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