Indiabulls Real Estate consolidated net profit declines 36.74% in the March 2016 quarter

Sales rise 4.49% to Rs 617.69 crore

Net profit of Indiabulls Real Estate declined 36.74% to Rs 58.91 crore in the quarter ended March 2016 as against Rs 93.13 crore during the previous quarter ended March 2015. Sales rose 4.49% to Rs 617.69 crore in the quarter ended March 2016 as against Rs 591.12 crore during the previous quarter ended March 2015.

For the full year,net profit rose 22.96% to Rs 305.05 crore in the year ended March 2016 as against Rs 248.08 crore during the previous year ended March 2015. Sales rose 0.92% to Rs 2614.62 crore in the year ended March 2016 as against Rs 2590.78 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales617.69591.12 4 2614.622590.78 1 OPM %28.7018.33 -28.7423.65 - PBDT111.5183.72 33 511.55348.89 47 PBT109.4882.06 33 502.10329.20 53 NP58.9193.13 -37 305.05248.08 23

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