Indiabulls Real Estate reports consolidated net loss of Rs 109.79 crore in the March 2020 quarter

Sales decline 93.62% to Rs 116.30 crore

Net loss of Indiabulls Real Estate reported to Rs 109.79 crore in the quarter ended March 2020 as against net profit of Rs 108.57 crore during the previous quarter ended March 2019. Sales declined 93.62% to Rs 116.30 crore in the quarter ended March 2020 as against Rs 1821.55 crore during the previous quarter ended March 2019.

For the full year,net profit declined 76.06% to Rs 120.69 crore in the year ended March 2020 as against Rs 504.15 crore during the previous year ended March 2019. Sales declined 33.84% to Rs 3270.78 crore in the year ended March 2020 as against Rs 4943.89 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales116.301821.55 -94 3270.784943.89 -34 OPM %-68.658.81 -24.4321.09 - PBDT-125.59234.83 PL 487.74861.22 -43 PBT-132.31231.92 PL 456.98843.77 -46 NP-109.79108.57 PL 120.69504.15 -76

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