Indiabulls Real Estate reports consolidated net profit of Rs 94.42 crore in the March 2021 quarter

Sales rise 529.18% to Rs 731.74 crore

Net profit of Indiabulls Real Estate reported to Rs 94.42 crore in the quarter ended March 2021 as against net loss of Rs 109.79 crore during the previous quarter ended March 2020. Sales rose 529.18% to Rs 731.74 crore in the quarter ended March 2021 as against Rs 116.30 crore during the previous quarter ended March 2020.

For the full year,net profit declined 96.44% to Rs 4.30 crore in the year ended March 2021 as against Rs 120.69 crore during the previous year ended March 2020. Sales declined 53.48% to Rs 1521.42 crore in the year ended March 2021 as against Rs 3270.78 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales731.74116.30 529 1521.423270.78 -53 OPM %19.87-68.65 -11.8124.43 - PBDT139.04-125.59 LP 92.44487.74 -81 PBT136.31-132.31 LP 75.19456.98 -84 NP94.42-109.79 LP 4.30120.69 -96

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